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On December 31, 2019, P226 Ltd. purchased bonds of 45ACP Ltd. The bonds mature on December 31, 2029, and have a maturity value of $5,000,000.

On December 31, 2019, P226 Ltd. purchased bonds of 45ACP Ltd. The bonds mature on December 31, 2029, and have a maturity value of $5,000,000. The stated interest rate on the bonds is 4.2%. Interest is...

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