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On July 1, 2023, DMH Limited issued bonds with a face value of$990,000 due in 20 years, paying interest at a face rate of 7%

On July 1, 2023, DMH Limited issued bonds with a face value of$990,000 due in 20 years, paying interest at a face rate of 7% onJanuary 1 and July 1 each year. The bonds were issued to yield 9%.The 1 answer

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