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on On January 1, 2015, Glover corporation issued $2,750,000 of 5-year, 78% bonds at 95. The bends pay interest annually on January1. By January 1,

On January 1, 2015, Glover corporation issued $2,750,000 of 5-year, 78% bonds at 95. The bends pay interest annually on January1. By January 1, 2017, the market rate of interest for bands of risk similar to those of Glover Corporation had risen

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