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Knowledge Check 01 issues $2.000,000 of 10 percent. 5-year bonds that pay interest of $100,000 semiannually. The market On January 1, 2018, Luring. Inc rate

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Knowledge Check 01 issues $2.000,000 of 10 percent. 5-year bonds that pay interest of $100,000 semiannually. The market On January 1, 2018, Luring. Inc rate is 12 percent at the time of issuance The issue price of the bonds is $1852 810 $1.888.970 $1,999,970 O$2,000,000

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