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On January 1, 2019, Calvert Company issues 10%, $100,000 facevalue bonds for $103,629.90, a price to yield 8%. The bonds matureon December 31, 2020. Interest

On January 1, 2019, Calvert Company issues 10%, $100,000 facevalue bonds for $103,629.90, a price to yield 8%. The bonds matureon December 31, 2020. Interest is paid semiannually on June 30 andDece 2 answers

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