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I think the answer is $1000, just making sure Question 4 1 pts A company issues $50,000 of 4% par value bonds due in 5

I think the answer is $1000, just making sure image text in transcribed
Question 4 1 pts A company issues $50,000 of 4% par value bonds due in 5 years with interest payable semiannually. Calculate interest expense as of the first semiannual interest payment. 1,000

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