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Business, 25.12.2019 23:31 kimilew

Acompany issues $169, 5.8%, 20-year bonds to yield 6% on january 1, 2017. interest is paid on june 30 and december 31. the proceeds from the bonds are $16509360. using effective-interest amortization, what will the carrying value of the bonds be on the december 31, 2017 balance sheet?
a. $16514541
b. $169
c. $16519877
d. $16529239

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Acompany issues $169, 5.8%, 20-year bonds to yield 6% on january 1, 2017. interest is paid on june 3...
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