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Hillside issues $2,400,000 of 9%, 15-year bonds dated January 1,2021, that pay interest semiannually on June 30 and December 31.The bonds are issued at a

Hillside issues $2,400,000 of 9%, 15-year bonds dated January 1,2021, that pay interest semiannually on June 30 and December 31.The bonds are issued at a price of $2,937,590. Required:1. Prepare th 2 answers

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