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Bonds with a stated interest rate of 10% and a face value totaling $425,000 were issued for $433,500 on January 1, 2018, when the market

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Bonds with a stated interest rate of 10% and a face value totaling $425,000 were issued for $433,500 on January 1, 2018, when the market interest rate was 9%. The company uses effective-interest bond amortization Required: Determine the carrying value of the bonds at December 31, 2019. (Round your answer to nearest whole dollar:) Carrying Value

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