Business, 12.08.2020 06:01 arrissa1234hinkle
On January 1, a company issued 5%, 15-year bonds with a face amount of $80 million for $59,249,660 to yield 8%. Interest is paid semiannually. What was the interest expense at the effective interest rate on the December 31 annual income statement
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On January 1, a company issued 5%, 15-year bonds with a face amount of $80 million for $59,249,660 t...
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