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Part 5 (5 points) Pete Sena Inc. sells $400,000 of 5-year, 7% bonds to Sean Evans at 102. Interest will be paid semi-annually. The selling

Part 5 (5 points) Pete Sena Inc. sells $400,000 of 5-year, 7% bonds to Sean Evans at 102. Interest will be paid semi-annually. The selling price of the bonds is: Interest that will be paid each bond interest period is: Total Interest Expense to record over the life of the Bonds is

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