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Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $490

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Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $490 million The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 6% Assuming that Auerbach issued the bonds for $417103,000, what would the company report for its net bond ability balance after its first interest payment on March 31, 2022? Saved Multiple Choice O $419,816,090. O $356,815,000. O ) $355,910,550. O $358,623,900

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