A company issues $16600000, 58, 20year bonds to yield 6 on January 1, 2019 Interest is paid
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A company issues $16600000, 58, 20year bonds to yield 6 on January 1, 2019 Interest is paid on June 30 and December 31. The proceeds from the bonds are $16216295. Using straight line amortization, what is the carrying value of the bonds on December 31, 2021.
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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