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2 On January 1, a company issued 3%, 10 year bonds with a face amount of $80 million for $73,459,316 to yield 4%. Interest is

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2 On January 1, a company issued 3%, 10 year bonds with a face amount of $80 million for $73,459,316 to yield 4%. Interest is paid semiannually. What was the straight-line interest expense on the December 31 annual income statement? (Enter your answer in whole dollars. Round your intermediate calculations to the nearest dollar amount.) 76 ints Interest expense eBook Print References

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