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Qpf movie group owns and operates movie theaters worldwide. assume the company issued 3 percent bonds at their $41,600,000 face value and then used all of these cash proceeds to retire bonds with a stated interest rate of 4 percent. at that time, the 4 percent bonds had a carrying value of $40,000,000.

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Qpf movie group owns and operates movie theaters worldwide. assume the company issued 3 percent bond...
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