Question: Question 2 of 23 -/7 E View Policies Current Attempt in Progress A company issues 20,000,000. 7.8%, 20-year bonds to yield 8% on January 1,

Question 2 of 23 -/7 E View Policies Current Attempt in

Question 2 of 23 -/7 E View Policies Current Attempt in Progress A company issues 20,000,000. 7.8%, 20-year bonds to yield 8% on January 1, 2022. Interest is paid on June 30 and December 31. The proceeds from the bonds are 19,604.145. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2022 statement of financial position? 20,000,000 O 19,608,310 19,612,643 19.625,125 Save for Later Attempts: 0 of 1 used Submit

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