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On January 1, 2021, AA Co. issued bonds due in 10 years with a stated interest rate of 7% and a face value of $200,000

On January 1, 2021, AA Co. issued bonds due in 10 years with a stated interest rate of 7% and a face value of $200,000 for $214,877. Interest payments are made semi-annually on July 1 and January 1. T...

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