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Concord Company recelved proceeds of $ 235000 on 10-year, 6% bonds issued on January 1 2020. The bonds had a face value of $ 250000,
Concord Company recelved proceeds of $ 235000 on 10-year, 6% bonds issued on January 1 2020. The bonds had a face value of $ 250000, pay interest annually on December 31, and have a call price of 101 Concord uses the straight-line method of amortization What is the amount of interest Concord must pay the bondholders in 20207 O $ 16500 0 $ 13500 O $ 14000 O $15000
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