Maurice Tutor

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Category > Management Posted 29 Sep 2017 My Price 2.00

Winrow Company

Winrow Company received proceeds of $565,500 on 10-year, 8% bonds issued on January 1, 2013. The bonds had a face value of $600,000, pay interest annually on December 31st, and have a call price of 101. Winrow uses the straight-line method of amortization. What is the amount of interest Winrow must pay the bondholders in 2013?

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Maurice Tutor
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Status NEW Posted 29 Sep 2017 08:09 PM My Price 2.00

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