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Waelchi Inc issued bonds with the following information: Item Amount Face Value of Bond $20,000,000 Life of Bond (in years) 10 Stated Interest Rate

Waelchi Inc issued bonds with the following information: Item Amount Face Value of Bond $20,000,000 Life of Bond (in years) 10 Stated Interest Rate 8% 14% Market Interest Rate Interest Payments Paid semi-annually

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