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OnJanuary 1, 2008, Davis Corporation issued $3,900,000 of 7% bonds at101. Interest is paid annually on December 31 of each year. Thebonds mature on December

OnJanuary 1, 2008, Davis Corporation issued $3,900,000 of 7% bonds at101. Interest is paid annually on December 31 of each year. Thebonds mature on December 31. 2027, and the company uses thestrai 2 answers

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