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??????? Jan 1 When the market rate was ( 12 % ), Winnifred Corp. issued ( $ 2,000,000,14 %, 5 )-year bonds. Interest is payable

??????? Jan 1 When the market rate was $ 12 \% $, Winnifred Corp. issued $ \$ 2,000,000,14 \%, 5 $-year bonds. Interest is payable semiannually on June 30 and December 31 . The corporation uses the effect 2 answers

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