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On March 1 20x2, Denver Furniture Co. issued $700,000 of 10%bonds to yield 8%. Interest ispayable semiannually on February 28 and August 31. The bonds

On March 1 20x2, Denver Furniture Co. issued $700,000 of 10%bonds to yield 8%. Interest ispayable semiannually on February 28 and August 31. The bonds maturein 10 years. Denver is acalendar-year c 1 answer

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