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Rahm Company issued $ 1 0 0 , 0 0 0 of 8 % bonds on October 1 , 2 0 1 9 . The
Rahm Company issued $ of bonds on October The bonds mature in years. Interest is paid semiannually on March and September
Assume the company sells the bonds to yield Present value tables are available above
d What is the carrying value of the bonds on points
Do NOT use commas or $ signs. Round to the nearest dollar.
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