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on 1/1/2023, A company issued $500,000, 5-year, 10% bons, due on 1//1/2028, with interest payable on January 1 and July 1 each year. The company

on 1/1/2023, A company issued $500,000, 5-year, 10% bons, due on 1//1/2028, with interest payable on January 1 and July 1 each year. The company uses the effective interest method. the market rate is 12% per year

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