Question: CH 1 4 # 8 Required information Skip to question [ The following information applies to the questions displayed below. ] Duval Company issues four

CH14 #8
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Duval Company issues four-year bonds with a $105,000 par value on January 1,2021, at a price of $100,950. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31.
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