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If $400,000 bonds were issued on January 1 at face value and they pay $24,000 interest annually, what is the contractual rate of interest?
If $400,000 bonds were issued on January 1 at face value and they pay $24,000 interest annually, what is the contractual rate of interest?
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Financial Accounting
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
6th Edition
1618533118, 978-1618533111
