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On 1/1/2017 Blue issued 2-year, 10%, $10,000 bonds for $10,363. Interest is paid every 6/30 and 12/31. The effective rate at issuance was 8%. Required:
On 1/1/2017 Blue issued 2-year, 10%, $10,000 bonds for $10,363. Interest is paid every 6/30 and 12/31. The effective rate at issuance was 8%. Required: 1. Assume that due to changes in Blue's credit ...
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