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On January 1, Swifty Corporation issues $4500000, 5-year, 12% bonds at 97 with interest payable on January 1. What is the carrying value of the

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On January 1, Swifty Corporation issues $4500000, 5-year, 12% bonds at 97 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period? 34419000 $4311000 $4257000 $4446000

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