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On 1 July 2022, Kelly ltd issued 5 year bonds with a total face value of 1 000 000 and which paid interest of 100

On 1 July 2022, Kelly ltd issued 5 year bonds with a total face value of 1 000 000 and which paid interest of 100 000 annually in arrears. The market required interest rate for Kelly ltd bonds was 14 ...

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