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What is the interest expense for the year ending December

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Question - On January 1, 2018, a corporation issued a $100,000, 5-year maturity, 6% bond. The interest is payable semi-annually on June 30 and December 31. The market interest rate is 6% at issuance. What is the interest expense for the year ending December 31, 2018?

Reference no: EM132478006

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