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14 On January 1, 20X1, Hilton-top Hotels issued the following bond payable, interest payment is due annually Par value of the bond Coupon rate on
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On January 1, 20X1, Hilton-top Hotels issued the following bond payable, interest payment is due annually Par value of the bond Coupon rate on December 31 700,000 5.35% 675,000 10 Issue price Term What is the carrying value of the bond at December 31, 20X2 (round to the nearest whole number)? Fill in the blankStep by Step Solution
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