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On January 1 , 2 0 2 5 , Kayaking Unlimited issues 9 % , 2 0 - year bonds payable with a face value

On January1,2025, Kayaking Unlimited issues 9%,20-year bonds payable with a face value of $ 200 comma 000. The bonds are issued at 103 and pay interest on June 30 and December 31
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