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Question 18 4 pts On January 1, 2019, XYZ Co. issued a $500,000, 8%, 5-year bond for $461,384. The bonds pay interest semiannually on June
Question 18 4 pts On January 1, 2019, XYZ Co. issued a $500,000, 8%, 5-year bond for $461,384. The bonds pay interest semiannually on June 30 and December 31. The effective rate on the date of issue was 10% APR. What was the carrying value of the bond at December 31, 2019 after the interest payment had been recorded? $455,246 $477,522 $471,060 $464,453
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