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Answer :
Final answer:
This question is about business and involves the issuance of debentures with a discount and redeemable at a premium.
Explanation:
The subject of this question is Business. It involves the issuance of bonds and the calculation of discounts and premiums. On April 1, 2018, a company issued 20,000 10% debentures with a face value of $100 each. The debentures were sold at a discount of 5%, which means they were sold for 95% of their face value. The debentures are redeemable at a premium, meaning they can be repaid at an amount higher than their face value.
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