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Business, 23.11.2019 03:31 rennytheraccoon

Green tree inc. sells 10%, 10-year bonds with a face value of $100,000 for $104,000. using the effective-interest amortization method, how much is the interest expense for the first year if the effective interest rate is 9.72%?

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Green tree inc. sells 10%, 10-year bonds with a face value of $100,000 for $104,000. using the effec...
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