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On January 2, 205, Stetson Construction, Inc. issued $203,000 face bonds. The face rate is 5% and the market rate is 6%, payable on Jan

On January 2, 205, Stetson Construction, Inc. issued $203,000 face bonds. The face rate is 5% and the market rate is 6%, payable on Jan and Jul each year. What is the interest payment amount

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