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Business, 13.12.2019 01:31 miko96

Joe publishing company is issuing $200,000 of 9.5%, 5 year bonds. the bonds are dated and sold 1/1/00. interest payment dates are 7/1 and 1/1. the market interest rate is 10%, and the issue price of bonds is $196,200. the company uses the straight line method of amortization. 71. what is the amount of interest expense joe publishing will recognize for the year ending 12/31/2000?

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