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. On January 1, 2024, an Investor paid $270,000 for bonds with a face amount of $325,000. The contract rate of Interest is 8% while

. On January 1, 2024, an Investor paid $270,000 for bonds with a face amount of $325,000. The contract rate of Interest is 8% while the current market rate of Interest is 10%. Using the effective In...

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