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On January 1 2 0 2 4 , eagle coro purchases $ 5 0 0 , 0 0 0 of 7 % bonds that mature

On January 12024, eagle coro purchases $500,000 of 7% bonds that mature in 15 years, with interest payable on June 30 and December 31 each year. Eagle Corp purchases all the bonds in a private placement and intends to hold them until maturity. Assuming the market rate of interest on the purchase date is 6%, Eagle corp will purchase the bonds for $549,001. Calculate the anount of interest revenue that eagle corp would record for the december 312024 interest payment

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