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A company issues bonds to gain capital to expand. The face value of the bonds is $5000, redeemable at 100 in 3 years paying interest
A company issues bonds to gain capital to expand. The face value of the bonds is $5000, redeemable at 100 in 3 years paying interest at j1j1 = 7%. Investors who purchase these bonds yield j1j1 = 14%. Construct the amortization schedule of the company's loan.
(1 point) A company issues bonds to gain capital to expand. The face value of the bonds is S5000, redeemable at 100 in 3 years paying interest at [math-7%. Investors who purchase these bonds yield [math-14%. Construct the amortization schedule of the company's loan. Note: Round all answers to 2 decimal places, and use the rounded answers in your following calculations Time (Imath) Payment Interest Due Outstanding Principal Book Value 2Step by Step Solution
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