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On August 3 1 , Jackson Enterprises issued bonds with a par value of $ 7 5 0 , 0 0 0 and a stated
On August Jackson Enterprises issued bonds with a par value of $ and a stated interest rate of Interest is payable semiannually on June and December If the proceeds from the issue amounted to $ the bonds were most likely
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issued at par plus accrued interest.
sold at a premium.
sold at a discount.
sold at a higher effective interest rate.
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