Suppose that Best Buy issued $1110000 of 8%, 5-year bonds at 106. Assuming straight-line amortization and annual interest payments, what is the amount of the
Suppose that Best Buy issued $1110000 of 8%, 5-year bonds at 106. Assuming straight-line amortization and annual interest payments, what is the amount of the amortization at each interest payment date? O $88800 $13320 O $6660 O $75480
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