What is the interest payment made to the bondholder

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Question - As of today, the carrying value of a bond was $ 275,374 and the face value of the bond was $712,172. The effective interest rate was 14% while the contract rate of interest was 10% with interest payments semiannually on June 30 and December 31. Rounding to the nearest dollar, what is the interest payment made to the bondholder on June 30?

Reference no: EM133027819

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