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Quimby Corp. purchased five $ 1 , 0 0 0 6 % bonds of Voltgo Corporation when the market rate of interest was 1 4

Quimby Corp. purchased five $1,0006% bonds of Voltgo Corporation when the market rate of interest was 14%. Interest is paid semiannually, and the bonds will mature in ten years. nearest cent.)
Quimby paid
on the bond investment.
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