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What is the carrying amount of the bond at December

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Reference no: EM132664656

Question - On January 1, 2014, Bar company issued its 10-year, 10% semiannual coupon bond with a face value of 7000,000 when the market rate is 12%.

Required - What is the carrying amount of the bond at December 31, 2016?

Reference no: EM132664656

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