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Holder Company issued $550,000, 9%, ten-year bonds for 107, with interest paid annually. Assuming straight-line amortization, what is the carrying valus after one year? OA

Holder Company issued $550,000, 9%, ten-year bonds for 107, with interest paid annually. Assuming straight-line amortization, what is the carrying valus after one year? OA $592 350 OB. $588,500 OC. $584,650 OD. $586,575

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