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Queen Energy Inc. issued bonds on January 1 , 2 0 2 3 , that pay interest semiannually on June 3 0 and December 3

Queen Energy Inc. issued bonds on January

1, 2023,

that pay interest semiannually on June

30

and December

31 .

The par value of the bonds is $

310, 000,

the annual contract rate is

12 %,

and the bonds mature in

10

years.

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