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On January 1, 2024, the warden's Restaurant decides to invest in Lake bonds. The bonds mature on December 31, , and pay interest on June
On January 1, 2024, the warden's Restaurant decides to invest in Lake bonds. The bonds mature on December 31, , and pay interest on June 30 and December 31 at 4% annually. The market rate of interest was 4% on January 1, 2024, so the maturity value bonds sold for face value. warden's intends to hold the bonds until December 31, 2030
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
