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On June 1, 2019, Everly Bottle Company issued $3,000,000 of 8%, 10 year bonds, on June 1, 2019. The market rate for such bonds is

On June 1, 2019, Everly Bottle Company issued $3,000,000 of 8%, 10 year bonds, on June 1, 2019. The market rate for such bonds is 10%. The bonds pay interest annually on May 31 of each year. The bonds...

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