Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market rate...

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Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market rate of interest was 12%. The

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$ 700,000 10 face value of the bond stated rate of interest annnual dollar amount of stated interest dollar amount of semi-an

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