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Business, 26.11.2019 02:31 tata64

On january 1, 2021, lyle's limeade issues 3%, 20-year bonds with a face amount of $80,000 for $69,058, priced to yield 4%. interest is paid semiannually. what amount of interest expense will be recorded in the december 31, 2021, annual income statement?

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On january 1, 2021, lyle's limeade issues 3%, 20-year bonds with a face amount of $80,000 for $69,05...
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