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to be sure im correct.. we have 10 payments of $15,750, making par value at maturity $450,000. Total repaid is $607,500. Less amount borrowed is
to be sure im correct.. we have 10 payments of $15,750, making par value at maturity $450,000. Total repaid is $607,500. Less amount borrowed is $450,000 equaling the total bond interest expense at $157,500
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
