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On January 1,2019, a $3,000, one year 10% bond is sold for $1990 at the time the market rate is 15%. What is the interest

On January 1,2019, a $3,000, one year 10% bond is sold for $1990 at the time the market rate is 15%. What is the interest expense in 2019? (round to two decimal places) Page 3 of 36

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