JV issued $10,000, 10% bonds payable (interest payable annually), which mature at the end of six years from issue date.The effective rate of interest at issue date was 12%.The sale price of the bonds was: $ _.

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The Answer of JV issued $10,000, 10% bonds payable (interest payable annually), which mature at the end of six years from issue date.The effective rate of interest at issue date was 12%.The sale price of the bonds was: $ _.

JV Issued $10,000, 10% Bonds Payable (Interest Payable Annually), Which