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Question 12 2 pts On January 1, Bramble Corp. issued $5,800,000, 9% bonds for $6,177,000. The market rate of interest for these bonds is 8%.

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Question 12 2 pts On January 1, Bramble Corp. issued $5,800,000, 9% bonds for $6,177,000. The market rate of interest for these bonds is 8%. Interest is payable annually on December 31. Bramble uses the effective-interest method of amortizing bond premium. At the end of the second year, Bramble should report unamortized bond premium of: $522,000 $319,093 $349,160 $491,933

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