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Business, 04.04.2020 07:42 meowmeowcow
A company issues $24900000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24324441. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2020 balance sheet
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A company issues $24900000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on...
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