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on the first day of the fiscal year, a company issues $2,800,000, 12%, 9-year bond that pays semiannual interest rates of $168,000 (2,800,000 x 12%
on the first day of the fiscal year, a company issues $2,800,000, 12%, 9-year bond that pays semiannual interest rates of $168,000 (2,800,000 x 12% x 1/2), receiving cash of $3,127,307. journalize the first interest payment and the amortization of the related bond premium
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