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On January 1 st 2012, Everhart Corporation, a calendar year company issues $100,000, 5%, 5-year bonds dated January 1, 2012. The bond pays interest semiannually
On January 1 st 2012, Everhart Corporation, a calendar year company | |||||
issues $100,000, 5%, 5-year bonds dated January 1, 2012. The bond pays | |||||
interest semiannually on January 1 and July 1 . The bonds are issued | |||||
to yield 6%. |
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