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Accounting

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Required Information
[The following information applies to the questions displayed below.]
Duval Company issues four-year bonds with a $100,000 par value on January 1,2021, at a price of $95,952. The annual
contract rate is 7%, and interest is pald semlannually on June 30 and December 31.
Prepare a straight-IIne amortization table for these bonds.
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