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  • Dec 8, 2010, 01:31 AM
    mdeezy91
    Bonds
    Winrow Company received proceeds of 94250 on 10-year bonds issued on January 1 2009. The bonds had a face value of 100000, pay interest annually on December 31, and have a call price of 101. Winrow uses the straight-line method od amortization. What is the carrying vlaue of the bonds on January 1 2011?

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