How much of the discount is amortized in the first year on
A company issues a 10 years 7.5% $1 million dollar bond which pays interest semi-annually. the issue price is 966,024.18 using the effective interest method. how much of the discount is amortized in the first year on the bonds term?
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a company issues a 10 years 75 1 million dollar bond which pays interest semi-annually the issue price is 96602418
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