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Problem 14-6A Straight-Line: Amortization of bond LO P1, P2, P3 The following information applies to the questions displayed belowj Legacy issues $720,000 of 6.5%, four-year

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Problem 14-6A Straight-Line: Amortization of bond LO P1, P2, P3 The following information applies to the questions displayed belowj Legacy issues $720,000 of 6.5%, four-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. They are issued at $683,649 and their market rate is 8% at the issue date

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