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Business, 25.11.2021 05:40 mmcdaniels46867

A company sells a 6-year, 6% bond with a par value of $100,000 when the market is 8% for $90,615 The bond requires semi-annual interest payments of $3,000. Using the effective interest amortization method, the company will recognize for the amortization of the discount on the first semi-annual interest payment.

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A company sells a 6-year, 6% bond with a par value of $100,000 when the market is 8% for $90,615 The...
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