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On Jan. 1 , 2 0 2 3 Ardeth Bay purchased 8 0 0 bonds @$ 9 8 9 . 8 0 per bond. The

On Jan. 1,2023 Ardeth Bay purchased 800 bonds @$989.80 per bond.
The new bond issue was priced such that the bonds have an yield (annual) of 5.2%.
The bond (annual coupon) rate is 5.0% over the 6-year term of the bonds.
The bonds pay interest semi-annually.
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