Question: I need answer to #5 only, please. On July 1, Year 1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $3,700,000 of 7-year, 8% bonds

I need answer to #5 only, please. On July 1, Year 1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $3,700,000 of 7-year, 8% bonds at a market (effective) interest rate of ...

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