Determine the amount of cash paid to bondholders for bond interest for each of the six...
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Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars are in millions. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Situation Interest Expense Interest Payable Increase (Decrease) Unamortized Discount Increase (Decrease) Cash Paid for Interest 1 11.5 0 0 2 11.5 3.2 0 0 3 11.5 (3.2) 4 11.5 0 (2.9) 5 11.5 3.2 (2.9) 6 11.5 (3.2) (2.9) Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars are in millions. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Situation Interest Expense Interest Payable Increase (Decrease) Unamortized Discount Increase (Decrease) Cash Paid for Interest 1 11.5 0 0 2 11.5 3.2 0 0 3 11.5 (3.2) 4 11.5 0 (2.9) 5 11.5 3.2 (2.9) 6 11.5 (3.2) (2.9)
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