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On January 1 , 2 0 2 3 , Sheridan Corp. issued eight - year, 3 % bonds with a face value of $ 6

On January 1,2023, Sheridan Corp. issued eight-year, 3% bonds with a face value of $636000, with interest payable semi-annually on
June 30 and December 31. The bonds were sold to yield 4%. Table values are:
The issue price of the bonds is
$635978.
$592542.
$604677.
$635746.
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