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Submarine Company issued P1,000,000 par value, 12% bonds on January 2, 2020. The bonds mature in 10 years and pay interest semi-annually. The bonds were

Submarine Company issued P1,000,000 par value, 12% bonds on January 2, 2020. The bonds mature in 10 years and pay interest semi-annually. The bonds were issued for P893,640 which yield an effective in...

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