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A company issues $15200000,9.8%,20-year bonds to yield 10% on January 1.2020 . Interest is paid on June 30 and December 31. The proceeds from the
A company issues $15200000,9.8%,20-year bonds to yield 10% on January 1.2020 . Interest is paid on June 30 and December 31. The proceeds from the bonds are $14939182. Using effective-interest amortization, how much interest expense will be recognized in 2020 ? $1494026 $1493902 $744800 $1489600
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