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I. Robert Company purchased $100,000 of 8%, 5-year bonds ofEvergreen Corp. onJanuary 1, 20x1. The Evergreen bonds yield 10.25%. Interest ispayable each July 1 andJanuary
I. Robert Company purchased $100,000 of 8%, 5-year bonds ofEvergreen Corp. onJanuary 1, 20x1. The Evergreen bonds yield 10.25%. Interest ispayable each July 1 andJanuary 1. The market value on Dec 2 answers
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