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On July 1 of Year 1, West Company purchased for cash, 16 ,$10,000 bonds of North Corporation to yield 10%. The bonds pay 9%interest, payable

On July 1 of Year 1, West Company purchased for cash, 16 ,$10,000 bonds of North Corporation to yield 10%. The bonds pay 9%interest, payable on a semiannual basis each July 1 and January 1,and matu 2 answers

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