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7 Required information Part 2 of 2 [The following information applies to the questions displayed below.) Legacy issues $620,000 of 9.5%, four-year bonds dated January
7 Required information Part 2 of 2 [The following information applies to the questions displayed below.) Legacy issues $620,000 of 9.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $571,867 when the market rate is 12%. 14.32 points 2. Determine the total bond interest expense to be recognized over the bonds' life. eBook Total bond interest expense over life of bonds: Amount repaid: payments of Print Par value at maturity Total repaid Less amount borrowed References Total bond interest expense
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