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Question 4 3.33 pts Baskin issued 700,000 of 8%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31.

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Question 4 3.33 pts Baskin issued 700,000 of 8%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The cash proceeds were $654.758 and the market rate on the issue date was 10%. Assume Baskin uses the effective interest amortization method: the amount of interest paid on June 30, 2020, will be closed to? $32.738 $32.975 533,224 $24,821 O $28,000

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