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On January 1, 2020, Madison Company issued 5500,000 of 10 year, 12 bonds. The interest is payable semiannually on June 30 and December 31 The

On January 1, 2020, Madison Company issued 5500,000 of 10 year, 12 bonds. The interest is payable semiannually on June 30 and December 31 The company uses the effective interest amortization method. The market interest rate is 10. What is the net book value of the bond payable as of June 30, 20202 O A $500.000 3.9560.427 OC5562311 OD3564,195

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