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On January 1, a company issues bonds dated January 1 with a parvalue of $290,000. The bonds mature in 5 years. The contract rateis 7%,
On January 1, a company issues bonds dated January 1 with a parvalue of $290,000. The bonds mature in 5 years. The contract rateis 7%, and interest is paid semiannually on June 30 and December31. T 2 answers
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