On January 1, 2012, Fishbone Corporation purchased 330 of the $1,000 face value, 10%, 10-year...
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On January 1, 2012, Fishbone Corporation purchased 330 of the $1,000 face value, 10%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2022, and pay interest annually beginning January 1, 2013. Fishbone purchased the bonds to yield 10%. How much did Fishbone pay for the bonds?
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