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Sahara Enterprises issued 12%, 10 year $2,500,000 bonds that pay interest annually on April 1....

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Accounting

Sahara Enterprises issued 12%, 10 year $2,500,000 bonds that pay interest annually on April 1. The bonds are dated April 1, 2022 and are issued on that date. The discount rate for such bonds on April 1, 2022 is 14%

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