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April 20, 2014

Homework Help: Business Maths

Posted by Peaches on Friday, January 8, 2010 at 5:38pm.

Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:

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