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On July 1, a company issues a $714,000, 8%, 10-year bond that pays semiannual interest of $28,560 ($714,000 8% 1/2), receiving cash of $749,700.
On July 1, a company issues a $714,000, 8%, 10-year bond that pays semiannual interest of $28,560 ($714,000 8% 1/2), receiving cash of $749,700.
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Audit Renaissance
Authors: Vakils
1st Edition
8184621639, 978-8184621631
