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On January 1,201, Matthers Co. issued eight-year bonds with a face value of $500,000 and a stated interest rate of 8%, payable semiannually on June

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On January 1,201, Matthers Co. issued eight-year bonds with a face value of $500,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31 . The bonds were sold to yield 6%. Table values are: The present value of the principal is $311,500.$267,000.$270,000.$313,500

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