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Your Company issued a $500,000 face value bond on January 1, 2020. The 10-year term bond was issued at 97 and had a 2.5% stated

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Your Company issued a $500,000 face value bond on January 1, 2020. The 10-year term bond was issued at 97 and had a 2.5% stated rate of interest that is payable on December 31st of each year. What is the carrying value of the bond after the third payment is made? $500,000 $491,000 $489,500 $485,000 $480,500

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