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A company issues $16000000, 5.8%, 20-year bonds to yield 6% on January 1, 2016, Interest is paid on June 30 and December 31. The proceeds
A company issues $16000000, 5.8%, 20-year bonds to yield 6% on January 1, 2016, Interest is paid on June 30 and December 31. The proceeds from the bonds are $15630164. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2018? O $15685639 O $15893463 O $15663371 O $15690669
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