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Solve amount of bond discount or premium that is amortized

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Reference no: EM133011802

Problem 1: On June 1, 2019 Adelphi Corporation issued $300,000 of 6%, 10-year bonds. The bonds which were issued at 97, 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: EM133011802

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