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5. Assume a corporation issued a 10% $100,000, 2-year bonds witha semiannual interest payment. The effective rate is 11% and thediscount on bonds payable is
5. Assume a corporation issued a 10% $100,000, 2-year bonds witha semiannual interest payment. The effective rate is 11% and thediscount on bonds payable is $1,753. (a) Calculate the carryingamount 2 answers
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