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23. On January 1, 2013, Bartin Company issued a $100,000,8%,10-year bond for $93,496, reflecting a 9% market interest rate. The bonds pay interest on July

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23. On January 1, 2013, Bartin Company issued a $100,000,8%,10-year bond for $93,496, reflecting a 9% market interest rate. The bonds pay interest on July 31st and December 31st. What is the interest expense for the payment made on December 31,2013 ? a. $8,000. b. $4,000. c. $4,207. d. $4,217

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