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View Policies Current Attempt in Progress A company issues $ 1 5 1 0 0 0 0 0 , 9 . 8 % , 2

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A company issues $15100000,9.8%,20-year bonds to yield 10% on January 1,2024. Interest is paid on June 30 and December 31. The proceeds from the bonds are $14840897.80. If the effective-interest method of amortization is used, what amount of interest expense will be recognized in 2024?
$1479800
$1484197
$739900
$1484002
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