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Corp3 issued $750,000 of 5-year bonds with 7% interest payable semiannually at a time when the...

Corp3 issued $750,000 of 5-year bonds with 7% interest payable semiannually at a time when the market rate of interest was 10%. What will be the bonds’ carrying value after the company makes its 7th interest payment? Note—Answer this question without creating an amortization schedule

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ekkarill92 answered 2 years ago
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