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A ten-year bond has a face value of $10,000, a face interest rate of 11 percent, an unamortized bond premium of $400, and an effective
A ten-year bond has a face value of $10,000, a face interest rate of 11 percent, an unamortized bond premium of $400, and an effective interest rate of 10 percent. In the first semiannual interest payment period (assuming the effective interest method of amortization), the amount of premium amortization will be Prepare an amortization table to show your work on the next page. $30.00. $144.00. $72.00. $60.00.
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