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Question - On January 1, Bank, Rupp & Baroque, Inc. issued $50,000 worth of 10minus -year, 9% bonds for $48,890. What is the amount of the first year's interest payment?
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Question - On April 1, 2019, Austin Corporation issued $300,000 of 10% bonds at 105. Each $1,000 bond was sold with 25 detachable stock warrants, each permitting the investor to purchase one share of common stock for $17 ...
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