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Gordon Ford, Inc. issues $800,000 (Face Value) in 30-year bonds, dated January 3, 2019, or 98. The bonds have a contractual interest rate of 4%

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Gordon Ford, Inc. issues $800,000 (Face Value) in 30-year bonds, dated January 3, 2019, or 98. The bonds have a contractual interest rate of 4% and interest is paid annually on January 3. What is the total amount to be paid (principal plus interest) on the maturity date on January 3, 20497 $800,000 $815,360 $784,000 SR12.000

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