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D Question 21 1 pts On July 1, 2009 a semi-annual $800,000 5 year bond with contractual (or coupon) rate of 12% had a
D Question 21 1 pts On July 1, 2009 a semi-annual $800,000 5 year bond with contractual (or coupon) rate of 12% had a Net book value of $675,044. The bond had been at a discount rate of 16% and matures on December 31, 2012. The interest expense recorded June 30.2010 (rounded) would be: issued $54,484 O $40,000 O $47.761 O $96,000 O $48,000
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
