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Homework Saved Help Required information [The following information applies to the questions displayed below] Legacy issues $730,000 of 7.0%, four-year bonds dated January 1, 2018,

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Homework Saved Help Required information [The following information applies to the questions displayed below] Legacy issues $730,000 of 7.0%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $659,199, and their market rate is 10% at the issue date. 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense

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