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Holder Company issued $300,000, 5%, eight-year bonds for 108, with interest paid annually Assuming straight-line amortization, what is the carrying value of the bonds
Holder Company issued $300,000, 5%, eight-year bonds for 108, with interest paid annually Assuming straight-line amortization, what is the carrying value of the bonds after one year? OA. $321,000 B. $324,000 OC. $322,500 D. $327,000
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