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on july 1, 2017, flanagin corporation issued $2000000, 10%, 10 year bonds at $2271813 this price resulted in an effective-interest rate of 8% bonds. flanagin

on july 1, 2017, flanagin corporation issued $2000000, 10%, 10 year bonds at $2271813 this price resulted in an effective-interest rate of 8% bonds. flanagin uses the effective-interest method to amortize bond premium or discount. the bond pays annual interest on january 1

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