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On January 1, Year 1, Jones Company issued bonds with a $290,000 face value, a stated rate of interest of 7.0%, and a 5-year term

On January 1, Year 1, Jones Company issued bonds with a $290,000 face value, a stated rate of interest of 7.0%, and a 5-year term to maturity. The bonds were issued at 98. Interest is payable in cash ...

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