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A company issues $25400000,5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from

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A company issues $25400000,5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24812889. Using effective interest amortization, how much interest expense will be recognized in 2020? HA $1488800 $1489007 O $1473200 O $736600 Su

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