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Business, 02.03.2020 20:27 savannahwonder

A company purchased $60,000 of 5% bonds on May 1 at par value. The bonds pay interest on March 1 and September 1. The amount of interest accrued on December 31 (the company's year-end) would be:

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A company purchased $60,000 of 5% bonds on May 1 at par value. The bonds pay interest on March 1 and...
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