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On January 1, 2019, Mirage Company acquired P4,000,000 of 12% face amount bonds for P3,767,000 to be held as financial assets at amortized cost with

On January 1, 2019, Mirage Company acquired P4,000,000 of 12% face amount bonds for P3,767,000 to be held as financial assets at amortized cost with a 14% effective yield. Interest on bonds is payable...

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