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Instructions On January 1, the first day of the fiscal year, a company issues an $1,500,000, 11%, five-year bond that pays semiannual interest of $82,500
Instructions On January 1, the first day of the fiscal year, a company issues an $1,500,000, 11%, five-year bond that pays semiannual interest of $82,500 ($1,500,000 x 11% X 1/2), receiving cash of $1...
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