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Bond Interest Expense Los Altos, Inc., sold $100,000 face value, 8.0% coupon rate, 12 year bonds, for an aggregate issue price of $91,200. Calculate the
Bond Interest Expense Los Altos, Inc., sold $100,000 face value, 8.0% coupon rate, 12 year bonds, for an aggregate issue price of $91,200. Calculate the total interest expense to be recorded by the company over the life of the bonds. $
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
