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Discount amortization On the first day of the fiscal year, a company issues a $ 2 , 5 0 0 , 0 0 0 ,

Discount amortization
On the first day of the fiscal year, a company issues a $2,500,000,6%,7-year bond that pays semiannual interest of , receiving cash of $2,116,644.
\table[[Interest Expense ,x,
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