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On January 1, 2019 Lightfoot Corporation issues 10% 5-year bonds with a face value of $300 000 when the effective interest rate is 9% Interest

On January 1, 2019 Lightfoot Corporation issues 10% 5-year bonds with a face value of $300 000 when the effective interest rate is 9% Interest is to be paid semiannually on June 30 and December 31. Li...

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