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3. Fill in the missing values of the following bond amortization schedule for a $100 par value 2-year bond with semiannual coupons. Show your calculations.
3. Fill in the missing values of the following bond amortization schedule for a $100 par value 2-year bond with semiannual coupons. Show your calculations.
Coupon Effective Half- Amortized amount Book of premium interest earned value payment year 2 94.26 3 -1.05 95.31 -1.09 3.34 96.40
Coupon payment Effective interest earned Amortized amount of premium Book value Half- year 0 1 2 3 4 -1.05 -1.09 94.26 95.31 96.40 3.34 Coupon payment Effective interest earned Amortized amount of premium Book value Half- year 0 1 2 3 4 -1.05 -1.09 94.26 95.31 96.40 3.34Step by Step Solution
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