A company issues $25100000, 9.8%, 20-year bonds to yield 10% on January 1, 2019. Interest...
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Accounting
A company issues $25100000, 9.8%, 20-year bonds to yield 10% on January 1, 2019. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24669306. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2021? (Round answer to 0 decimal place, e.g. 52.)
$25080287
$24733910
$24699797
$24742297
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