BZ Corp issues 4%,10-year bonds with a total face amount of $1,000,000. The market interest...
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BZ Corp issues 4%,10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of similar risk and maturity is 4%. Interest is paid semiannually. 8. $ What is the issue price of the bond? Chapter 9 Page 9-1 9. When the company records the 2nd interest payment, how much will the company record for interest expense? 10. ? What is the bond liability (carrying amount) after the 2nd interest payment
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