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Find the bond carrying amount at the end

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Question - Hooker Company issues $200,000 of ten-year, 8% bonds to yield 10% on January 1, 2018. The bonds pay interest annually on December 31. The bonds were sold at a discount of $24,578.

Find the bond carrying amount at the end of 2018?

a. $175,422.

b. $176,964.

c. $200,000.

d. $201,542.

Reference no: EM132607010

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