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5 Required information The following information applies to the questions displayed below.) Ike issues $100,000 of 13%, three-year bonds dated January 1, 2017, that pay
5 Required information The following information applies to the questions displayed below.) Ike issues $100,000 of 13%, three-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. They are issued at $102.462. Their market rate is 12% at the issue date. 3. Prepare an effective interest amortization table for the bonds' first two years. Cash Interest Bond Interest Paid Expense Premium Amortization Unamortized Premium Carrying Value Semiannual Interest Period-End 01/01/2017 06/30/2017 12/31/2017 06/30/2018 12/31/2018
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