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Grand AG issued 100,000 of 8% term bonds on January 1, 2020, due on January 1, 2025, with interest payable each July 1 and january

Grand AG issued 100,000 of 8% term bonds on January 1, 2020, due on January 1, 2025, with interest payable each July 1 and january 1. Imvestors require an effed proceeds. A) 92,278 B) 7,722 C) 100,000 D) 61,391

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