Question: QUESTION 4 Pearson Co issue is $133,800 at a pnce of 104, the stated rate is 6%, the bond terms 4 years, and the market
QUESTION 4 Pearson Co issue is $133,800 at a pnce of 104, the stated rate is 6%, the bond terms 4 years, and the market rate is 6%. Assume the form of the bonds is 4 years Using the straight line method of amortization, the interest expense in the 1st year will be $
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