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A partial bond amortization schedule for $1.78-million, 5-year bonds is presented below. Fill in the missing words or amounts. Semi- Annual Interest Interest Period
A partial bond amortization schedule for $1.78-million, 5-year bonds is presented below. Fill in the missing words or amounts. Semi- Annual Interest Interest Period Interest Amortization Bond Amort Issue Date 1 (Apr. $35,600 $ $7,915 30) 2 (Oct. 31) $35,600 $43,713 $ What is the bonds' face value? Face value $ What is the bonds' contractual interest rate? The market interest rate? (Round answers to O decimal places, e.g. 12%) Contractual interest rate % Market interest rate %
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