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Omicron Corporation issued 8% bonds with a face value of $1,500,000 at a premium. The bonds have a maturity period of 12 years. Calculate the

Omicron Corporation issued 8% bonds with a face value of $1,500,000 at a premium. The bonds have a maturity period of 12 years. Calculate the annual interest expense, the carrying value of the bonds after 7 years, the total interest expense over the bond's life, and the total cash interest payments.

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