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Business, 22.11.2019 05:31 abenjamin489

On january 1, $5,000,000, 10-year, 10% bonds were issued at $5,200,000. interest is paid annually each january 1. the straight-line method of amortization is used to amortize the premium. how much premium is amortized at the end of the first year?

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On january 1, $5,000,000, 10-year, 10% bonds were issued at $5,200,000. interest is paid annually ea...
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