Business, 28.11.2019 03:31 taylor3865

Crawford corporation issues $100,000 of 7% bonds on january 1, year 1. the bonds have a six-year term and pay interest semiannually on june 30 and december 31 each year. assuming a market interest rate of 6%, what is interest expense on the bonds on december 31, year 1?

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Crawford corporation issues $100,000 of 7% bonds on january 1, year 1. the bonds have a six-year ter...

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