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Question 9 (1 point) On January 1, 2020, ASU Corporation issued 10% bonds with a face value of $50,000. These bonds mature in five years

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Question 9 (1 point) On January 1, 2020, ASU Corporation issued 10% bonds with a face value of $50,000. These bonds mature in five years on December 31, 2024. These bonds are sold for $46,000. The bonds pay interest semi-annually on June 30 and December 31. ASU uses straight-line amortization. What is the bond interest expense for the year ended December 31, 2020? $5,400. $4,000. $5,800. $4,200

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