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Par Corporation holds 60 percent of Short Publishing Company's voting shares. Par issued $570,000 of 12 percent bonds with a 10-year maturity on January 1,

Par Corporation holds 60 percent of Short Publishing Company's voting shares. Par issued $570,000 of 12 percent bonds with a 10-year maturity on January 1, 20X2, at 90. On January 1, 20X8, Short purch...

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