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10 points Save Answer ) Geico Insurance issued a $300,000, 6%, 15-year bond at 95 on January 1, 2020. Interest is paid semiannually on January

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10 points Save Answer ) Geico Insurance issued a $300,000, 6%, 15-year bond at 95 on January 1, 2020. Interest is paid semiannually on January 1 and July 1. Assume the company amortize bond premium or discount using the straight line method. What is the semiannual interest expense that would be recorded on July 1, 2020, the first interest payment date? OA. $9,500 OB. $8,500 Oc. $9,000 OD. $1,000

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