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On may 1 2010 newby corp issued 600000 9 5-year bonds at

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On May 1, 2010, Newby Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2010, and pay interest semiannually on May 1 and November 1. Financial statements are prepared annually on December 31.

Reference no: EM13607123

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