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ASSIGNMENT 12.2. PREPARING A-LEVEL DEBT SERVICE BOND PAYMENT SCHEDULE: The City General Hospital has to issue a bond to finance its upgrading of its emergency
ASSIGNMENT 12.2.
PREPARING A-LEVEL DEBT SERVICE BOND PAYMENT SCHEDULE: The City General Hospital has to issue a bond to finance its upgrading of its emergency department. The bond issuance is $100 million for twenty years bearing an interest rate of 8 percent, paid semi-annually. Prepare the payment schedule based on a level debt-service bond.
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