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KenCo purchases 9% bonds with a $38,000 maturity value as a held-to-maturity investment. KenCo spent $35,800 plus a transaction fee of $475 to obtain the
KenCo purchases 9% bonds with a $38,000 maturity value as a held-to-maturity investment. KenCo spent $35,800 plus a transaction fee of $475 to obtain the bonds. How much cash will KenCo receive at the end of the bond's life
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