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A company issues $25500000,7.8%,20-year bonds to yield 8% on January 1,2019 . Interest is paid on June 30 and December 31. The proceeds from the
A company issues $25500000,7.8%,20-year bonds to yield 8% on January 1,2019 . Interest is paid on June 30 and December 31. The proceeds from the bonds are $24995283. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2021? (Round answer to 0 decimal place, e.g. 52.) $25079378$25070991$25036878$25417368
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