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.On January 1, 2014, PANANGIN Company purchased as long-term investment P5,000,000 face value of PICZON Corporation's 8% bonds for P4,683,000 to yield 10% interest per

.On January 1, 2014, PANANGIN Company purchased as long-term investment P5,000,000 face value of PICZON Corporation's 8% bonds for P4,683,000 to yield 10% interest per year. The bonds mature on Januar...

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