Question: a . 1 0 % bonds with a face amount of $ 3 5 million were issued for $ 3 5 million on October 3
a bonds with a face amount of $ million were issued for $ million on October The bonds mature on October Bondholders have the option of calling demanding payment on the bonds on October at a redemption price of$ million. Market conditions are such that the call is not expected to be exercised.
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