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Question 28 (1 point) Baudelaire Inc. issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30
Question 28 (1 point) Baudelaire Inc. issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $14,703,109. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2022? a) $14,752,673 b) $14,747,642 c) $14,955,466 d) $14,725,375
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Principles of Fraud Examination
Authors: Joseph T. Wells
4th edition
1118922344, 9781118803264, 1118582888, 9781118922347, 1118803264, 978-1118582886
