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On January 1,2013, Masterwork Industries issues 700,000 of 12% bonds, dated January 1. Interest payable semiannually on June 30 and December 31. The bonds mature

On January 1,2013, Masterwork Industries issues 700,000 of 12% bonds, dated January 1. Interest payable semiannually on June 30 and December 31. The bonds mature in three years. The market yield for b...

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