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a company issues 2 5 , 0 0 0 0 , 0 0 0 7 . 8 % 2 0 year bonds to yield 8

a company issues 25,0000,0007.8%20 year bonds to yield 8% on juan 1,2019. interest is paid on june 30 and dec 31. the proceeds from the bonds are 24,505,180. using straight line amortization fo the bond discount the carrying value of the bonds on dec 312021 is

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