Business, 18.12.2019 22:31 tevaughn06
On january 1, 2012, james sold 12% bonds with a face value of $500,000. the bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $538,500 to yield (market) 10%. using the effective interest method of amortization, interest expense for the year 2012 is?
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On january 1, 2012, james sold 12% bonds with a face value of $500,000. the bonds mature in five yea...
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