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Problem 1 On January 1, 2019, AVILA Co. issued eight-year bonds with a face value of P1,000,000 and a stated interest rate of 6%, payable

Problem 1 On January 1, 2019, AVILA Co. issued eight-year bonds with a face value of P1,000,000 and a stated interest rate of 6%, payable semiannually on June 30 and December 31. The bonds were sold t...

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