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What kind of bond is this. Explain why. 2018 Carrying Cost 2017 Carrying Cost 500,000 Fair Value 6.35% Notes Due 2040 $ 500,000 535,000 Fair

What kind of bond is this. Explain why.

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2018 Carrying Cost 2017 Carrying Cost 500,000 Fair Value 6.35% Notes Due 2040 $ 500,000 535,000 Fair Value 601,800

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