Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $330...
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Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $330 million on January 1, 2021, for $295,039,998. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest is paid semiannually on June 30 and December 31. Required: Calculate the amounts related to the bonds that Myriad would report in its financial statements. (Round your answers to the nearest whole dollar.)
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