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On 01/01/2012, BETA Corp. issued zero coupon bonds that mature in 10 years and that have a face value of $6 million and received S3,
On 01/01/2012, BETA Corp. issued zero coupon bonds that mature in 10 years and that have a face value of $6 million and received S3, 050, 100 How much interest will BETA Corp. pay on these bonds in 2012? What is the annual effective interest rate in the market when the bonds were issued? What amount of interest expense on these bonds would BETA Corp. report in its 2012 income statement
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