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Bonds with a stated interest rate of 9 % and a face value totaling $ 6 3 4 , 0 0 0 were issued for
Bonds with a stated interest rate of and a face value totaling $ were issued for $ on January when the market interest rate was The company uses effectiveinterest bond amortization.
Required:
Determine the carrying value of the bonds at December Round your answer to nearest whole dollar.
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