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Business, 18.09.2019 01:00 lallenma

On january 1, 2018, coronado industries issued its 11% bonds in the face amount of $796, which mature on january 1, 2028. the bonds were issued for $915 to yield 9%, resulting in bond premium of $119. coronado uses the effective-interest method of amortizing bond premium. interest is payable annually on december 31. at december 31, 2018, coronado's adjusted unamortized bond premium should be

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On january 1, 2018, coronado industries issued its 11% bonds in the face amount of $796, which matur...
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