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On Dec. 31, 2020, ABC Corp issued 4-year, 7% bonds with $1,000,000 as par value ABC Corp received $1.120.000 in cash. The bond wer is

On Dec. 31, 2020, ABC Corp issued 4-year, 7% bonds with $1,000,000 as par value ABC Corp received $1.120.000 in cash. The bond wer is a December 31 every year. Compute the following: Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium Total bonds interest expense over the 4 years

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