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A corporation issues $ 1 0 million in bonds on January 1 , 2 0 2 4 . The bonds have a nine - year
A corporation issues $ million in bonds on January The bonds have a nineyear term and pay interest semiannually on June and December each year. Below is a partial bond amortization schedule for the bonds:
tableDateCash Paid,tableInterestExpensetableIncrease inCarryingValuetableCarryingValue$
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