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Flurry Corp. issued 10-year, 9%, $600,000 bonds at $6,200 premium. The Bonds pay interest semiannually....

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Question

Accounting

Flurry Corp. issued 10-year, 9%, $600,000 bonds at $6,200 premium. The Bonds pay interest semiannually. The total interest

expense associated with the Bonds is

a. $478,000

b. $540,000

c. $533,800

d. $546,200

Please explain how you determined your answer.

Answer & Explanation Solved by verified expert
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