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What is the interest expense related to first bond payment

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Question - Your Company issued a $150,000 face value bond on January 1, 2020. The 20-year term bond was issued at par and had a 4% stated rate of interest that is payable in cash semiannually. What is the interest expense related to the first bond payment on June 30, 2020?

Reference no: EM132515938

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