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Business, 11.03.2020 18:25 kaylaelaine18

A company issued 6-year, 8% bonds with a par value of $1,050,000. The market rate when the bonds were issued was 7.5%. The company received $1,060,500 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:

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A company issued 6-year, 8% bonds with a par value of $1,050,000. The market rate when the bonds wer...
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