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Multiple Choice Question 72 company issues $26050000, 6.8%, 20-year bonds to yield 7.0% on January 1, 2017. Interest is paid on June 30 and December

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Multiple Choice Question 72 company issues $26050000, 6.8%, 20-year bonds to yield 7.0% on January 1, 2017. Interest is paid on June 30 and December 31. The Proceeds from the bonds are $25493700. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2017 balance sheet? $25500278.00 $25507089.30 $26050000.00 $25522692.30

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