Hutton issues $900,000 of 13%, four- year bonds dated January 1 2011, that pay interest…

Hutton issues $900,000 of 13%, four- year bonds dated January 1 2011, that pay interest…

Hutton issues $900,000 of 13%, four- year bonds dated January 1 2011, that pay interest semiannually on June 30 and December 31. They are issued at $987,217, and their market rate is 10% at the issues date.

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