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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 eagle coro purchases $ of bonds that mature in years, with interest payable on June and December 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 Eagle corp will purchase the bonds for $ Calculate the anount of interest revenue that eagle corp would record for the december interest payment
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