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Questions 12. Neel Industries recently issued $35,000 of 12% coupon bonds, payable semiannually, which mature in 10 years. The annual market rate is 13%. Use

Questions 12. Neel Industries recently issued $35,000 of 12% coupon bonds, payable semiannually, which mature in 10 years. The annual market rate is 13%. Use the table below to show the amortization of the discount, interest expense, and the carrying amount of the bonds from issuance till the end of period 6

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