Interest is paid semiannually what was interest expense at
Question - On January 1, a company issued 9%, 10-year bonds with a face amount of $90 million for $84,392,051 to yield 10%. Interest is paid semiannually. What was interest expense at the effective interest rate on June 30, the first interest date?
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question - on january 1 a company issued 9 10-year bonds with a face amount of 90 million for 84392051 to yield 10
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