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Posted: **Thu Apr 28, 2022 11:17 am**

: A Company Issues 17200000 9 8 20 Year Bonds To Yield 10 On January 1 2020 Interest Is Paid On June 30 And December 1 (19.64 KiB) Viewed 31 times

A company issues $17200000.9.8%, 20 year bonds to yield 10% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16904864. What is interest expense for 2021, using straight-line amortization? $1692406 $1685600 $1700357 $2055720