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On September 30, 2016, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $140 million. The bonds mature on September

On September 30, 2016, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $140 million. The bonds mature on September 30, 2036 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30.

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