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2 Part 2 of 4 Required information [The following information applies to the questions displayed below] Legacy issues $710,000 of 8.0 %, four-year bonds dated
2 Part 2 of 4 Required information [The following information applies to the questions displayed below] Legacy issues $710,000 of 8.0 %, four-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31. They are issued at $621,812 when the market rate is 12% 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid Total repaid payments of Par value at maturity Less amount borrowed Total bond interest expense
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