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Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. 

On June 1, 2019 Adelphi Corporation issued $115,000 of 6%, 5-year bonds.

The bonds which were issued at 105, pay interest on January 1 and June 1.

Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment.

If this is discount amortization enter as a positive number.

The post Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment.  appeared first on Essay Quoll.

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