Question: Corporation issues $ 3 0 0 comma 0 0 0 $ 3 0 0 , 0 0 0 of 1 5 % 1 5 %

Corporation issues
$ 300 comma 000$300,000
of
15%15%,
1515-year
bonds for
$ 285 comma 000$285,000.
Determine the amount of original issue discount

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