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Universal Foods issued 12% bonds, dated January 1, with a face amount of $200 million on January 1, 2024. The bonds mature on December 31,

Universal Foods issued 12% bonds, dated January 1, with a face amount of $200 million on January 1, 2024. The bonds mature on December 31, 2033 (10 years). The market rate of interest for similar issu 1 answer

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