Use the Following Information to Answer the Next 6 Questions

question 37

Multiple Choice

Use the following information to answer the next 6 questions:
X2 issued callable bonds on January 1,2015.The bonds pay interest annually on December 31 each year.X2's accountant has projected the following amortization schedule from issuance until maturity:

-X2 issued the bonds for:

• A)$100,000.
• B)$107,000.
• C)$104,212.
• D)Cannot be determined from the given information.

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