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Vaughn Manufacturing issued $6,360,000 of 8% bonds on October 1, 2020, due on October 1, 2025. The interest is to be paid twice a year

Vaughn Manufacturing issued $6,360,000 of 8% bonds on October 1, 2020, due on October 1, 2025. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% ef...

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