Question: A company issues $ 2 5 5 5 0 0 0 0 , 5 . 8 % , 2 0 year bonds to yield 6

A company issues $25550000,5.8%,20 year bonds to yield 6% on January 1,2024. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24959418. If the straight line method of amortization is used, what is the carrying value of the bonds on December 31,2026 after interest has been recorded?

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