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Please explain. On January 1, 2025, Carla Vista issued $860,000 of 9% serial bonds at par. Semiannual interest is payable on January 1 and July

Please explain. On January 1, 2025, Carla Vista issued $860,000 of 9% serial bonds at par. Semiannual interest is payable on January 1 and July 1 and principal of $86,000 matures each January 1 starti...

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