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On June 30, 2025, Edward Lewis Company issued $3,420,000.00 facevalue of 16%, 20-year bonds at $4,449,160.00, a yield of 12%. Lewisuses the effective-interest method to
On June 30, 2025, Edward Lewis Company issued $3,420,000.00 facevalue of 16%, 20-year bonds at $4,449,160.00, a yield of 12%. Lewisuses the effective-interest method to amortize bond premium ordisc 2 answers
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
