Business, 15.04.2021 20:40 abdulspy786

On January 1, 2019, Amin, Inc. issued $1,200,000, 10-year, 8% bonds for $1,050,450. The bonds pay interest on June 30 and December 31. The market rate is 10%. How much is the interest expense on the bonds for the first interest payment on June 30, 2019

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On January 1, 2019, Amin, Inc. issued $1,200,000, 10-year, 8% bonds for $1,050,450. The bonds pay in...