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On January 1, 2024, Blossom Co. issued eight-year bonds with a face value of $6130000 and a stated interest rate of 10%, payable semiannually on
On January 1, 2024, Blossom Co. issued eight-year bonds with a face value of $6130000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31 . The bonds were sold to yield 12%. Table values are: The issue price of the bonds is $6130050$6130018.$5520948$5510533
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