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Calculate the amount of bond discount or premium

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Reference no: EM133138001

Question - On June 1, 2019 Adelphi Corporation issued $300,000 of 6%, 10-year bonds. The bonds which were issued at 99, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment.

Reference no: EM133138001

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