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Logan Corporation issued $800,000 of 8% bonds on October 1, 2011, due on October 1, 2
Logan Corporation issued $800,000 of 8% bonds on October 1, 2011, due on October 1, 2016. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% effective annual interest. Just needed some help to get started, not the entire solution. Thanks!
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