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O Required information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 [The following information applies to the questions displayed below)

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O Required information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 [The following information applies to the questions displayed below) Legacy issues $325,000 of 5%, four-year bonds dated January 1, 2017. that pay interest semiannually on June 30 and December 31. They are issued at $292,181 and their market rate is 8% at the issue date. Problem 10-5A Part 2 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 rest expense 0 $ 0

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