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Ch14: A company issues 20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2019. Interest is paid on June 30 and December 31.
Ch14: A company issues 20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2019. Interest is paid on June 30 and December 31. The proceeds from the bonds are 19,604,145. Using effective-interest amortization, how much interest expense for June 2019? O a. 784,165.8 O b. 1,568,498 Oc. None d. 784,165.8 O e. 1,568.331.6
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Forensic Accounting
Authors: Robert Rufus, Laura Miller, William Hahn
1st Edition
133427528, 133050475, 9780133427523, 978-0133050479
