Question: points Save Answer 1 A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 20x1. Interest is paid on June 30 and

points Save Answer 1 A company issues $15,000,000, 7.8%, 20-year bonds

points Save Answer 1 A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 20x1. Interest is paid on June 30 and December 31. The proceeds from the bonds are $14,703,108. Using straight-line amortization, what is the carrying value of the bonds on December 31, 20x3? $14,752,672 $14,955,466 $14,732,797 $14,747,642

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