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Marigold Company received proceeds of $213750 on 10-year 5% bonds issued on January 1, 2016. The bonds had a face value of $225000, pay interest

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Marigold Company received proceeds of $213750 on 10-year 5% bonds issued on January 1, 2016. The bonds had a face value of $225000, pay interest annualy on January 1, and have a call price of 103. Marigold uses the straight-line method of amortization What is the amount of interest Marigold must pay the bondholders on January 1, 20191 $12450 $10125 $10008 $11250

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