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Joe formed JH Corporation with an investment of $100,000 cash, for which he received $10,000 in stock and $90,000 in 7% interest-bearing bonds maturing in

Joe formed JH Corporation with an investment of $100,000 cash, for which he received $10,000 in stock and $90,000 in 7% interest-bearing bonds maturing in ten years. A few years later, Joe loaned JH a...

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