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Business, 19.12.2021 14:30 QUEEN2267

company issues $100,000 face value, 8% coupon paid semi-annually, 4-year U. S. corporate bonds on January 1, 20XO, when the market rate for similar risk bonds is 8%. The firm uses the effective-interest amortization. What is the amount for the second interest expense payment?

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company issues $100,000 face value, 8% coupon paid semi-annually, 4-year U. S. corporate bonds on Ja...
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