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Superb Industries Ltd borrowed money by issuing a $20,000 6.1%, 10 year bond. Assume the issue price was 95 on November 1, 2020. 1. How

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Superb Industries Ltd borrowed money by issuing a $20,000 6.1%, 10 year bond. Assume the issue price was 95 on November 1, 2020. 1. How much cash did Superb Industries receive when it issued the bond? 2. How much must Superb Industries pay back at maturity? When is the matunty date? 3. How much cash interest will Superb Industries pay each six months? Carry the interest amount to the nearest cent 4. How much interest expense will Superb Industries report each six months? Assume the straight-line amortization method, and carry the interest amount tot nearest cent

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