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Dec. 31, 2020, ABC Corp issued 4-year, 7% bonds with $2,000,000 as par value ABC Corp. received $2,240,000 in cash. The bond interest is paid

Dec. 31, 2020, ABC Corp issued 4-year, 7% bonds with $2,000,000 as par value ABC Corp. received $2,240,000 in cash. The bond interest is paid miannually on June 30 and December 31 every year. mpute the following: 40000 Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years. this response. Question 2 of 16

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