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Suppose that Best Buy issued $890000 of 8%,5-year bonds at 108 . Assuming straight-line amortization and annual interest payments, what is the amount of the

Suppose that Best Buy issued $890000 of 8%,5-year bonds at 108 . Assuming straight-line amortization and annual interest payments, what is the amount of the amortization at each interest payment date? $71200 $14240 $7120 $56960

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