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On October Year 1 DTI Company issued a $10.000 face value Bond. The 3-year term bond was sold for $10.535. The bond had a stated

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On October Year 1 DTI Company issued a $10.000 face value Bond. The 3-year term bond was sold for $10.535. The bond had a stated rate rate of 84 while the market (effective) rate of interest was 6%. DTI Company's year end is 12/31 Based on the above, what will be the amount of interest expenseshown on the Year I income statement? Multiple Choice O 5138 O $1 O 5200 $211 0 0

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