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Business, 10.12.2019 01:31 pilararcos
Acompany issues $500,000 of 9%, 10-year bonds dated january 1 and pay interest semiannually on june 30 and december 31 each year. the bonds are sold for $480,000, yielding a discount of $20,000. using the straight-line amortization method, the company will amortize the discount by on each semiannual interest payment.
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Acompany issues $500,000 of 9%, 10-year bonds dated january 1 and pay interest semiannually on june...
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