Business, 08.11.2019 05:31 wyattlb97

Abc corporation issued $100,000 of 10%, 5-year bonds on january 1, 2018, for $92,280. the market interest rate when the bonds were issued was 12%. interest is paid semi-annually on january 1 and july 1. using the effective-interest amortization method, how much cash will abc pay bondholders on july 1, 2018 (rounded to the nearest dollar)?

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Abc corporation issued $100,000 of 10%, 5-year bonds on january 1, 2018, for $92,280. the market int...

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