Bond Interest Expense Los Altos, Inc., sold $100,000 face value, 9.0% coupon rate, 7 year...
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Bond Interest Expense Los Altos, Inc., sold $100,000 face value, 9.0% coupon rate, 7 year bonds, for an aggregate issue price of $94,080. Calculate the total interest expense to be recorded by the company over the life of the bonds. $
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