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Use this information to answer questions 12 McVay Corporation issued $100,000 of 4596, 10-year bonds. The bonds are dated and sold on January 1, 2015.
Use this information to answer questions 12 McVay Corporation issued $100,000 of 4596, 10-year bonds. The bonds are dated and sold on January 1, 2015. Interest payment dates are January 1 and July 1. The bonds are issued to yield the market interest rate of 5%. Use the effective-interest method for questions 12-16. -17
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