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Business, 28.01.2020 03:31 nadarius2017

On january 1, 2020, scottsdale company issued its 12% bonds in the face amount of $3,000,000, which mature on january 1, 2030. the bonds were issued for $3,368,665 to yield 10%. scottsdale uses the effective-interest method of amortizing bond premium. interest is payable annually on december 31. interest expense for 2023 is:

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On january 1, 2020, scottsdale company issued its 12% bonds in the face amount of $3,000,000, which...
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