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Discount-Mart issues $12 million in bonds on January 1,2024. The bonds hove a nine year term and pay interest semlannually on June 30 and December

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Discount-Mart issues $12 million in bonds on January 1,2024. The bonds hove a nine year term and pay interest semlannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: What is the interest expense on the bonds in 2024 ? Multiple Choice $642.041 $1,206.605 $644,564 $1,200,000

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