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A company issues $25250000, 9.8%, 20-year bonds to yield 10% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds

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A company issues $25250000, 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 $24816732. What is interest expense for 2021, using straight-line amortization? O $2482912 O $2474500 O $2496163 O $2446682

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