Question: On January 1 , 2 0 2 4 , Baddour, Incorporated, issued 1 0 % , 1 2 - year bonds with a face amount

On January 1,2024, Baddour, Incorporated, issued 10%,12-year bonds with a face amount of $174 million.
The bonds were priced at $152 million to yield 12%.

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