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Stanford issues bonds dated January 1,2017, with a par value of $249.000. semiannually on June...

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Accounting

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Stanford issues bonds dated January 1,2017, with a par value of $249.000. semiannually on June 30 and December 31. The bonds mature in three years. The a and the bonds are sold for $236,765. The bonds' annual contract rate is 10%, and interest is paid nnual market rate at the date of issuance is 12%, 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table using the effective interest method to amortize the discount for these bonds. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required3 What is the amount of the discount on these bonds at issuance? scourn Required 2 >

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