Question: Feedback T Check My Work b . Determine the amount of the bond interest expense for the first year. $ c . Why was the

Feedback
T Check My Work
b. Determine the amount of the bond interest expense for the first year.
$
c. Why was the company able to issue the bonds for only $17,634,197 rather than for the face amount of $19,000,000?
The market rate of interest is greater than the contract rate of interest. Therefore, inventors are not willing to pay the full face amount of the bonds.
Feedback T Check My Work b. Determine the amount of the

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