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on jan 1 concord corporation issued 5300000 11% bonds for 5644500. market rate of interest for these bonds is 10%. interest is payable anually on

on jan 1 concord corporation issued 5300000 11% bonds for 5644500. market rate of interest for these bonds is 10%. interest is payable anually on dec 31. concord uses effective interest method of amortizing bond premium. at end of first year concord should report unamortized bond premium of?

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