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Posted on Jul 11, 2024

On January 1 , 2 0 1 9 , North Company issued $ 2 , 0 0 0 , 0 0 0 of bonds with

On January

1, 2019,

North Company issued $

2, 000, 000

of bonds with a stated rate of

10 %

that are due to mature December

31, 2025,

and pay interest semiannually. The market rate of interest was

9 %

at the date of issuance.

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