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Question Content AreaOn the first day of the fiscal year, a company issues a$990,000, 8%, 5-year bond that pays semiannual interest of $39,600($990,000 x 8%
Question Content AreaOn the first day of the fiscal year, a company issues a$990,000, 8%, 5-year bond that pays semiannual interest of $39,600($990,000 x 8% Ã? 1/2), receiving cash of $884,176. Jou 2 answers
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0078025617
