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On July 1, 2019, Crane Company issued 9% bonds in the faceamount of $11400000, which mature on July 1, 2025. The bonds wereissued for $10903500

On July 1, 2019, Crane Company issued 9% bonds in the faceamount of $11400000, which mature on July 1, 2025. The bonds wereissued for $10903500 to yield 10%, resulting in a bond discount of$496500. 2 answers

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