a company sells a 5-year, 8% bond with a par value of $100,000 when the market is 10% for $96,454. the bond requires semi-annual interest payments of $4,000. using the effective interest amortization method, the company will recognize interest expense on the first semi-annual interest payment. multiple choice question. $5,000 $4,823 $3,858 $4,000

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06-12-2022
Mathematics

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a company sells a 5-year, 8% bond with a par value of $100,000 when the market is 10% for $96,454. the bond requires semi-annual interest payments of $4,000. using the effective interest amortization method, the company will recognize interest expense on the first semi-annual interest payment. multiple choice question. $5,000 $4,823 $3,858 $4,000

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