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17 of 30 View Policies Current Attempt in Progress -12 A company issues $25400000, 7.8%, 20-year bonds to yield 8.0% on January 1, 2017. Interest

17 of 30 View Policies Current Attempt in Progress -12 A company issues $25400000, 7.8%, 20-year bonds to yield 8.0% on January 1, 2017. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24897260. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2017 balance sheet? O $25400000.00 O $24902548.00 O $24908052.40 O $24923655.40 Save for Later Attempts: 0 of 1 used Submitimage text in transcribed

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