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Business, 06.08.2019 23:30 niyah0623

The below information is the same as the previous question. a company issued a convertible bond payable on the interest payment date as follows. bonds payable $700,000 coupon rate 5.3% issue price $725,000 term 10 years each $1,000 bond is convertible into 20 shares number of potential shares if 100% converted 14,000 shares bond conversion date december 31, 20x3 bonds converted 30% what is interest expense for the year ended december 31, 20x4?

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