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(10 points) Mazeltov Corporation issued $100,000 3-year, 6% stated rate bonds on January 1, 2004. The bonds pay interest semi-annually and were sold when the

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(10 points) Mazeltov Corporation issued $100,000 3-year, 6\% stated rate bonds on January 1, 2004. The bonds pay interest semi-annually and were sold when the market rate was 10%. a. Calculate the issue price of the bonds. n. Racord the interest expense entry for the 6/30/05 interest payment

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