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Question 7 (1 point) Prescott Corporation issued ten thousand $1.000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually.

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Question 7 (1 point) Prescott Corporation issued ten thousand $1.000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually. This is the partial bond Cash 400,000 400,000 400,000 400,000 Effective Decrease in outstanding Interest Balance Balance 11,487, 747 344,63255, 368 11,432, 379 342,971 57,029 11, 375, 350 341,261 58,739 11,316,611

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