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On January 1 , 2 0 2 5 , Oriole Company purchased 8 % bonds having a maturity value of $ 4 4 0 ,
On January Oriole Company purchased bonds having a maturity value of $ for $ The bonds provide the bondholders with a yield. They are dated January and mature January with interest received on January of each year. Oriole Company uses the effectiveinterest method to allocate unamortized discount or premium. The bonds are classified in the heldtomaturity category.
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