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QUESTION 16 On January 1, 2010, Brightstar Inc. issues $1,000,000 of 8%, semiannual 3-year coupon bonds with yield-to-maturity of 10%. The present value of all

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QUESTION 16 On January 1, 2010, Brightstar Inc. issues $1,000,000 of 8%, semiannual 3-year coupon bonds with yield-to-maturity of 10%. The present value of all future cash flows is $949,242. 1. Make journal entries at the time of issuance, 2. Make journal entries at the first and the second coupon payment. V TT T Paragraph Arial 3 (12pt) VEE- T. % DO Q' T' T** - - @fx Mashups WTHLESS Save All Ans El 27C Click Save and Submit to save and submit. Click Save All Answers to save all answers

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