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James Company issued a $1,000,000, 6% bond, at 92 on January 1, 2017 maturing in 5 years, interest paid semiannually, on each June 30 and

James Company issued a $1,000,000, 6% bond, at 92 on January 1, 2017 maturing in 5 years, interest paid semiannually, on each June 30 and December 31. The market rate of interest on January l, was 8% ...

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