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On July 1, 2017, A Company issued $500,000 of 6%, 3-year bonds at $449,243. This price resulted in a 10% market interest rate on the
On July 1, 2017, A Company issued $500,000 of 6%, 3-year bonds at $449,243. This price resulted in a 10% market interest rate on the bonds. The bonds pay semi-annual interest on July 1 and January 1 a...
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