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Quatro Company issues bonds dated January 1 , 2 0 2 1 , with a par value of $ 7 3 0 , 0 0

Quatro Company issues bonds dated January 1,2021, with a par value of $730,000. The bonds' annual contract rate is 12%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $767,042
What is the amount of the premium on these bonds at issuance?
How much total bond interest expense will be recognized over the life of these bonds?
Prepare a straight-line amortization table for these bonds.
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How much total bond interest expense will be recognized over the life of these bonds?
\table[[Total Bond Interest Expense Over Life of Bonds:],[Amount repaid:],[payments of,$,43,800,$,262,800],[Par value at maturity,,730,000],[Total repaid,,992,800],[Less amount borrowed],[Total bond interest expense,$,992,800]]
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