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Your Company issued, at 92, $1,500,000 of 20-year bonds on 1/1/20 that pay 5% (annual rate) on a semi-annual basis each June 30th and December
Your Company issued, at 92, $1,500,000 of 20-year bonds on 1/1/20 that pay 5% (annual rate) on a semi-annual basis each June 30th and December 31st What is the amount of interest expense on the bonds recorded on each payment date?
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