Alphabet Inc. issued $100,000,000 in bonds on January 1, 2023, with a coupon rate of 4% payable

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Alphabet Inc. issued $100,000,000 in bonds on January 1, 2023, with a coupon rate of 4% payable annually. The bonds mature in 5 years. Calculate the total interest expense for the first year and the carrying value of the bonds at the end of the first year.

Posted Date: May 29, 2024 06:45 AM

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Alphabet Inc. issued $100,000,000 in bonds on January 1, 2023, with a coupon rate of 4% payable

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