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Business, 23.10.2019 02:00 ester32152

Agovernment has $1,000,000 of 6%, 10-year general obligation bonds outstanding. the bonds were issued on august 15, 20x6 to finance construction of a general capital asset. interest is payable semiannually on february 15 and august 15. what is the maximum amount of interest expenditures that the government would be permitted to report on the bonds for 20x6? a. $0.b. $22,500.c. $30,000.d. $60,000.

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Agovernment has $1,000,000 of 6%, 10-year general obligation bonds outstanding. the bonds were issue...

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