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. The Schssel Company issues a $900,000 principal, three-year zero-coupon bond on January 1, 2017. The effective rate is 8% and discounting is semi-annual. a.

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. The Schssel Company issues a $900,000 principal, three-year zero-coupon bond on January 1, 2017. The effective rate is 8% and discounting is semi-annual. a. Calculate the interest expense they will record on June 30, 2017. b. Calculate the net bond payable as of December 31, 2018. c. Calculate the total interest expense over the life of the bond

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