Business, 03.12.2019 03:31 trentonmccary2096

$5,000,000, 12% bonds for $5,325,000. the market rate of interest for these bonds is 10%. interest is payable annually on december 31. martinez uses the effective-interest method of amortizing bond premium. at the end of the first year, cardenas should report unamortized bond premium of:

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$5,000,000, 12% bonds for $5,325,000. the market rate of interest for these bonds is 10%. interest i...

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