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49 Required information. [The following information applies to the questions displayed below] Legacy issues $650,000 of 5.0%, four-year bonds dated January 1, 2019, that pay

49 Required information. [The following information applies to the questions displayed below] Legacy issues $650,000 of 5.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $584,361 when the market rate is 8% 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 bonowed Total bond interest expenseimage text in transcribed

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