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On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1100. The bonds mature on December 31, 2030 and

On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1100. The bonds mature on December 31, 2030 and pay interest semi-annually.The Bonds is sold at 110.0. How much is the premium on bonds payable.

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