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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $5,900,000, 12%, 9-year bond that pays semiannual interest

Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $5,900,000, 12%, 9-year bond that pays semiannual interest of $354,000 ($5,900,000 Ã? 12% Ã? Â½), receiving cash o...

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