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QUESTIONS Pearson Co issue its $132700 at a price of 97 the stated rate is 6%, the bond term is 4 years, and the market

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QUESTIONS Pearson Co issue its $132700 at a price of 97 the stated rate is 6%, the bond term is 4 years, and the market rate is 9% Assume the term of the bonds is 4 years Using the straight line method of amortization the interest expense in the 1st year will be $

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