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Wade issues bonds with par value of $180,000 on January 1, 2015. The bonds' annual contract rate is 8%, and interest is paid semiannually on

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Wade issues bonds with par value of $180,000 on January 1, 2015. The bonds' annual contract rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in 3 years. The annual market rate at date of issuance is 10%, and the bonds are sold for $170.862 7 What is the amount of the discount on these bonds at issuance? 2 How much total bond interest expense will be recognized over the life of these bonds? 3 Prepare an amortization table for these bonds, use the straight-line method to amortize the discount

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