A company issued 16% p.a., 10-year Debenture bond, P6,000 face value, interest due every four (4) months. On October 1,

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answerhappygod
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A company issued 16% p.a., 10-year Debenture bond, P6,000 face value, interest due every four (4) months. On October 1,

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A company issued 16% p.a., 10-year Debenture bond, P6,000 face
value, interest due every four (4) months. On October 1, Sandy
purchased 20 bonds at par. On May 31, she sold 8 bonds to Tony at
105-3/4. Again, on September 30, Sandy sold another 6 bonds to Tim
at 96-1/2.
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