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On January ?1, 2016?, the Precor Corporation purchased $430,000 par value 6 % bonds that mature on December ?31,2019. The market rate of interest was 8% when Precor purchased the bonds.Precor receives interest on the bonds semiannually each June 30 and December 31. What future cash inflows will precor recieve?
The post ACC 306-On January ?1, 2016?, the Precor Corporation appeared first on Sigmapapers.info.
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