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Sepia Inc. issued bonds for $375,000 that were redeemable in 10 years. They established a sinking fund that was earning 4.25% compounded semi-annually to pay

Sepia Inc. issued bonds for $375,000 that were redeemable in 10 years. They established a sinking fund that was earning 4.25% compounded semi-annually to pay back the principal of the bonds on maturit...

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