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Business, 03.01.2020 03:31 Mackjrmario

Campbell inc. produces and sells outdoor equipment. on july 1, 20y1, campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. interest on the bonds is payable semiannually on december 31 and june 30. the fiscal year of the company is the calendar year.

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