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A company issues $16100000,9.8%,20-year bonds to yield 10% on January 1, 2020, Interest is paid on June 30 and December 31. The proceeds from the

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A company issues $16100000,9.8%,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 $15823739. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31,2020 balance sheet? $15826026 $15837789 $15828427 $16100000

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