(4.52)/(20)

\ Furrent Attempt in Progress\ n June 30,2025 , William Brown Company issued

$3,340,000.00

face value of

14%,20

-year bonds at

$3,842,540.00

, a yield of

12%

. Brown uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31.\ Click here to view factor tables.\ (a)

n June 30, 2025, William Brown Company issued $3,340,000.00 face value of 14%,20-year bonds at $3,842,540.00, a yield of 12%. Brown uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. Click here to view factor tables