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What is the amount of bond interest expense

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Question - The current carrying value of a bond is $ 529,583 and the face value value is $ 252,454. The effective interest rate is 5 while the contractural rate of interest is 17 with interest payments semiannually on July 1 and January 1. Rounding to the nearest dollar, what is the amount of bond interest expense to be recorded on July1?

Reference no: EM133030519

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