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Instructions On January 1, 2016. Kelly Corporation acquired bonds with a face value of $500,000 for $483841 79, a price that yields a 10% effective

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Instructions On January 1, 2016. Kelly Corporation acquired bonds with a face value of $500,000 for $483841 79, a price that yields a 10% effective annual interest rate. The bonds carry a 9% stated rate of interest, pay interest sem !annually on June 30 and December 31, are due December 31, 2019, and are being held to maturity

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