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5. On July 1, 2021, A corporation sells a 2-year, $10,000 par value bond with a stated rate of 4%. It was sold at a

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5. On July 1, 2021, A corporation sells a 2-year, $10,000 par value bond with a stated rate of 4%. It was sold at a 6% effective rate. Interest is paid semi-annually at 6/30 and 12/31. a. Why is there a discrepancy between what the company was planning to sell the bond for (4%) and what the bond did sell for (6%)? (provide two reasons - bullet points!) (2 points) b. Determine the present value of the bond. Show work! (6 points) c. Prepare a bond amortization schedule. (6 points) (round to the nearest dollar) il

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