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Present value of bonds payable; premium Moss Co . issued $ 3 7 0 , 0 0 0 of four - year, 1 1 %
Present value of bonds payable; premium
Moss Co issued $ of fouryear, bonds, with interest payable semiannually, at a market effective interest rate of
Determine the present value of the bonds payable using the present value tables in Exhibit and Exhibit Round to the nearest dollar.
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