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If the market interest rate is 9 % , the bonds will issue at $ 4 3 1 , 7 2 1 . Record the

If the market interest rate is

9 %,

the bonds will issue at $

431, 721 .

Record the bond issue on January

1, 2024,

and the first two semiannual interest payments on June

30, 2024,

and December

31, 2024 . 1 .

Record the bond issue.

2 .

Record the first semiannual interest payment.

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