Question: A bond matures in 6 years, has a face value of $100,000, an effective interest rate of 4%, stated interest rate of 3% and semiannual

A bond matures in 6 years, has a face value of $100,000, an effective interest rate of 4%, stated interest rate of 3% and semiannual interest payments. It sells for $94,712. Amortize the bond discount.

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