Question: Question 10 2 pts The stated interest rate is 4%, the face value is $1,000,000, and the market interest rate at issuance is 6%. The
Question 10 2 pts The stated interest rate is 4%, the face value is $1,000,000, and the market interest rate at issuance is 6%. The bond was issued on January 1, 2019 with semi-annual coupon payments and the maturity date is Dec 31, 2021. The bond was issued at $945,828 on the issuance date. What amount of interest expense associated with the bonds is recognized during the period from January 1, 2019 to June 30, 2019? Round your final answer to the nearest dollar
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