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Bond Interest Expense During 2019, Evans & Sons, Inc., issued $400 million of zero-coupon bonds, due in 2026. The proceeds from the bond issuance were
Bond Interest Expense During 2019, Evans & Sons, Inc., issued $400 million of zero-coupon bonds, due in 2026. The proceeds from the bond issuance were $184.2 million.
Calculate the total interest expense that the company will incur over the life of the bonds.
$____million
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