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On January 1, Jules Company purchased for cash, $175,000 bonds ( 35, $5,000 bonds) of Android Corporation at a market rate of 6%. The bonds

On January 1, Jules Company purchased for cash, $175,000 bonds ( 35, $5,000 bonds) of Android Corporation at a market rate of 6%. The bonds pay 6.5% interest, payable on a semiannual basis each June 3...

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