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4 pts Question 3 Carerra Ltd. sold $500,000 worth of 5-year 5% bonds on December 31, 2020, at 101 Interest is payable annually lon 12/31)

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4 pts Question 3 Carerra Ltd. sold $500,000 worth of 5-year 5% bonds on December 31, 2020, at 101 Interest is payable annually lon 12/31) and the bonds have a call price of 1015 at the end of the 4th year. Carerra uses the straight-line method of amortization How much interest will Carerra pay to the bondholders in 2021? DD

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