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Unformatted text preview: Stated annual rate of interest b. Effective annual rate of interest c. Interest expense on the bonds in 2012 d. Carrying value of the bonds as of December 31, 2012 e. Total interest expense recognized for the bond issue over its full term Problem #5: a. 8% b. 6% c. $680,759 d. $11,256,109 e. $6,512,253...
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- Spring '12