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Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate alculations a. Gray
Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate alculations a. Gray Co. issued $52,000 of 6 percent bonds at 102 1/2 b. Bush, Inc. issued $89,000 of 10-year, 6 percent bonds at 97 1/2 c. Oak, Inc. issued $175,000 of 20-year, 6 percent bonds at 101 d. Willow Co. issued $145,000 of 15-year, 7 percent bonds at 96
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