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On January 1, Safe Hill Inc issued 6000000, 9% bonds for5635000. The market rate of interest for these bonds is 10%.Interest is payable annually on

On January 1, Safe Hill Inc issued 6000000, 9% bonds for5635000. The market rate of interest for these bonds is 10%.Interest is payable annually on December 31. Sheffield uses theeffective-interest 2 answers

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