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Emmar Co. issues $15,000, 6%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid onJune 30 and December 31. The proceeds from
Emmar Co. issues $15,000, 6%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid onJune 30 and December 31. The proceeds from the bonds are $12,031.08. Using effective-interest amortization, how much discount amortization will be recognized in June 30, 2020?
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