Business
Business, 22.11.2019 03:31, pal23

On january 1, 2019, a company issued $400,000 of 10-year, 12% bonds. the interest is payable semiannually on june 30 and december 31. the issue price was $413,153 based on a 10% market interest rate. the effective-interest method of amortization is used. the interest expense for the six-month period ending december 31, 2019 is closest to:

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On january 1, 2019, a company issued $400,000 of 10-year, 12% bonds. the interest is payable semiann...

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