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A bond matures in 6 years, has a face value of $100,000, an effective interest rate of 4%, stated interest rate of 3% and semiannual
A bond matures in 6 years, has a face value of $100,000, an effective interest rate of 4%, stated interest rate of 3% and semiannual interest payments. It sells for $94,712. Amortize the bond discount.
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Financial Accounting Theory
Authors: Craig Deegan
3rd Edition
0070277265, 978-0070277267
