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On January 1, ABC Company issued $200,000, 12%, 10-year bonds. Interest is payable semi- annually. The bonds were issued for $254,364 when the market rate

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On January 1, ABC Company issued $200,000, 12%, 10-year bonds. Interest is payable semi- annually. The bonds were issued for $254,364 when the market rate was 8%. ABC will record total interest expense over the life of the bonds of: On January ,ADU company is,000 of 15-year, 8% bonds that pay interest se on June 30 and December 31. The market rate on the issue date was 9%. The company receiv nrnceeds of $367.422. ABC Company must pay: On January , ADU company low,000 of 15-year, 8% bonds that pay interest se on June 30 and December 31. The market rate on the issue date was 9%. The company receiv nroceeds of $367.422. ABC Company must pay

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