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County Bank has $200,000 of 9% debenture bonds outstanding the bonds were issued at 102 in 2014 and mature in 2034. How much cash did

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County Bank has $200,000 of 9% debenture bonds outstanding the bonds were issued at 102 in 2014 and mature in 2034. How much cash did County Bark receive when it issued these bonds? How much cash in total will County Bank pay the bondholders through the maturity date of the bonds? Take the difference between your answers to requirements 1 And 2 This difference represents County Bank's total interest expenses over the life of the bonds. Compute County Bank's annual interest expense by the straight-line amortization method. Multiply this amount by 20 Your 20 year total should be the same as your answer to require 3. How much cash did County Bark receive when it issued these bonds? County Bark received $ 204,000 at bond issuance. How much cash in total will County Bank pay the bondholders through tie maturity date of the bonds? County Bank will pay the bondholders $ through the maturity date of' the bonds

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