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The folowing information applies to the questions On January 1, 2018, white Water issues $410,000 of 7% bonds, due in 10 years, with interest payable

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The folowing information applies to the questions On January 1, 2018, white Water issues $410,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 696, the bonds will issue at $440,174

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