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unamortized On January 1, 2013, a corporation issued $500,000, 6%, 10-year bonds for $581,771. The bonds pay interest semi-annually on June 30 and December 31.
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On January 1, 2013, a corporation issued $500,000, 6%, 10-year bonds for $581,771. The bonds pay interest semi-annually on June 30 and December 31. The market rate of interest is 4%. Draw a table to prepare a bond amortization schedule and answer the following question. (Round your answers to the nearest S) What is the amount namortized discount or premium (after the interest payment is made) on December 31, 2014? O $65.417 O $46,131 * O $60,000 O $67,902 O $35,640 Step by Step Solution
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