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Business, 03.05.2021 14:50 felipe9086

Coronado Industries received proceeds of $122200 on 10-year, 6% bonds issued on January 1, 2020. The bonds had a face value of $130000, pay interest annually on December 31, and have a call price of 101. Coronado uses the straight-line method of amortization. What is the amount of interest Coronado must pay the bondholders in 2020

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Coronado Industries received proceeds of $122200 on 10-year, 6% bonds issued on January 1, 2020. The...
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