Business, 03.12.2021 01:00 sascsl2743

hillinger, inc. issues $100,000 of 4% bonds on january 1, year 1. the bonds have a five-year term and pay interest semiannually on june 30 and december 31 each year. assuming a market interest rate of 5% and an issue price of $95,624, what is the carrying value of the bonds as of june 30, year 1? use the sample amortization table as a reference to assist with your answer.

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hillinger, inc. issues $100,000 of 4% bonds on january 1, year 1. the bonds have a five-year term an...