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Multiple Choice Question 72 A company issues $25000000, 7.8%, 20-year bonds to yield 8% on January 1, 2017, Interest is paid on June 30 and

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Multiple Choice Question 72 A company issues $25000000, 7.8%, 20-year bonds to yield 8% on January 1, 2017, Interest is paid on June 30 and December 31. The proceeds from the bonds are $24505180. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2017 balance sheet? $24531405 $24515802 $24510385 $25000000

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