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Sepia Inc. issued bonds for $375,000 that were redeemable in 5years. They established a sinking fund that was earning 4.57%compounded semi-annually to pay back the

Sepia Inc. issued bonds for $375,000 that were redeemable in 5years. They established a sinking fund that was earning 4.57%compounded semi-annually to pay back the principal of the bonds onmaturity 2 answers

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