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Coldwater Inc issues $575,000 of 4%, 8-year bonds for cash To the nearest dollar, how...

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Accounting

Coldwater Inc issues $575,000 of 4%, 8-year bonds for cash To the nearest dollar, how much bond interest expense is recorded on the first interest date?

proceeds of $502,774. The market interest rate is 6%. interest paid semi-annually. how much bond interest expense is recorded on the first interest date?

a) 11500

b)15083

c)17250

d)3583

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