Business, 10.09.2019 17:20 alexxreyess03

Acompany issues $253, 7.8%, 20-year bonds to yield 8.0% on january 1, year 17. interest is paid on june 30 and december 31. the proceeds from the bonds are $24799240. using effective-interest amortization, what will the carrying value of the bonds be on the december 31, year 17 balance sheet?

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Acompany issues $253, 7.8%, 20-year bonds to yield 8.0% on january 1, year 17. interest is paid on j...