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On November 1, 2018, Reid Corporation acquired bonds with a facevalue of $700,000 for $673,618.61. The bonds carry a stated rate ofinterest of 10%, were

On November 1, 2018, Reid Corporation acquired bonds with a facevalue of $700,000 for $673,618.61. The bonds carry a stated rate ofinterest of 10%, were purchased to yield 11%, pay interestsemiannu 2 answers

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