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Unformatted text preview: uance and interest expense. On J anuary 1, 2011, Kidman Enterpris es is s ues bonds that hav e a $1,700,000 par v alue, mature in 20
y ears , and pay 9% interes t s emiannually on J une 30 and Dec ember 31. The bonds are s old at par. 1. How muc h interes t will Kidman pay (in c as h) to the bondholders ev ery s ix months ? e z to.mhe c loud.mc gr a w- hill.c om/hm_a c c ounting.tpx? todo= pr intvie wSingle 2/4 11/18/13 Assignme nt Pr int Vie w Sem iannual Rate Par (m aturity) Value
$ 1,700,000 X 9% Sem iannual Cash Int...
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- Fall '08