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a. $1,961,623 b. $980,207 c. $1,960,250 d. $1,960,815 A company issues 7.6%, 20-yearbonds to yield 80/0 on January l, 2020. Interest is paid on June
A company issues 7.6%, 20-yearbonds to yield 80/0 on January l, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are S 24,505,180. Using effective-interest amortization, how much interest expense Will be recognized in 2020? o o b. $980,207 o
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Financial Accounting Longman Modular Texts In Business And Economics
Authors: Christopher Waterston, Anne Britton
2nd Edition
058238169X, 978-0582381698
