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Give details and Highlight answer On January 1. a company issued 3 10 year bonds with a face amount of $80 million for $73.459.316 to

Give details and Highlight answer
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On January 1. a company issued 3 10 year bonds with a face amount of $80 million for $73.459.316 to yield 4% Interest is paid semiamually What was the interest expense at the effective interest rate on the December 31 annual income statement (Enter your answers in whole dollars. Round your intermediate calculations to the nearest dollar amount) On January 1. a company issued 3 10 year bonds with a face amount of $80 million for $73.459.316 to yield 4% Interest is paid semiamually What was the interest expense at the effective interest rate on the December 31 annual income statement (Enter your answers in whole dollars. Round your intermediate calculations to the nearest dollar amount)

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