Business, 31.07.2020 04:01 1969976289

A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, how much interest expense will be recognized in 2010

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A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% Interest is paid on June 30 and Decemb...

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