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USE PROBLEM #1 TO ANSWER QUESTIONS 1 THRU 7 BELOW PROBLEM #1: Bonds payable FACTS: Number of bonds Par value of each bond Stated interest

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USE PROBLEM #1 TO ANSWER QUESTIONS 1 THRU 7 BELOW PROBLEM #1: Bonds payable FACTS: Number of bonds Par value of each bond Stated interest rate Issue date Due date Call % Called on 1,000 Effective interest rate 1,000 Interest Paid Per Year 4% Payment dates 171120X2 12/31/20X6Years to maturity 707% 1/1/X6 January 1st July 1st 5 Additional Facts: Bonds called on Called at Years after issue 1/1/20X6 101% Additional Facts: Bonds called on Called at Years after issue 1/1/20X6 101% USE STRAIGHT LINE AMORTIZATION FOR THE GAIN OR LOSS CALCULATIONS. 3.) Interest expense at the SECOND interest payment date is

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