Business, 22.02.2020 02:50, helppppp3548

On January 1, a company issued 7%, 15-year bonds with a face amount of $90 million for $82,218,585 to yield 8%. Interest is paid semiannually. What was interest expense at the effective interest rate on June 30, the first interest date

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On January 1, a company issued 7%, 15-year bonds with a face amount of $90 million for $82,218,585 t...