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Business, 01.12.2021 04:50 suewignall

On January 1, a company issued 3%, 10-year bonds with a face amount of $65 million for $59,685,694 to yield 4%. Interest is paid semiannually. What was the straight-line interest expense on the December 31 annual income statement

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On January 1, a company issued 3%, 10-year bonds with a face amount of $65 million for $59,685,694 t...
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