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Unformatted text preview: Part B. Ibach Inc. Semiannual Cash Bond Interest Interest Interest Discount Unamortized Carrying Period Paid Expense Amortization Discount Value Given Data: Ibach Inc. Bonds issued, face value $180,000 Annual interest 12.0% Maturity in years 3 Market rate 13.0% Issuance date 1-Jun-05 Interest paid semi-annually beginning 1-Dec-05 Check figure: Total Interest expense $69,157...
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