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On August 1, 2021, Fresno Inc. sold 8%, five-year bonds with amaturity value of$2,000,000 for $1,964,000. Interest on the bonds is payablesemi-annually onAugust 1 and

On August 1, 2021, Fresno Inc. sold 8%, five-year bonds with amaturity value of$2,000,000 for $1,964,000. Interest on the bonds is payablesemi-annually onAugust 1 and February 1. The bonds are 1 answer

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