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Ayayai Corp. invested in a three-year, $100 face value 9% bond, paying $95.11. At this price, the bond will yield a 11% return. Interest
Ayayai Corp. invested in a three-year, $100 face value 9% bond, paying $95.11. At this price, the bond will yield a 11% return. Interest is payable annually. Prepare a bond discount amortization table for Ayayai Corp., assuming Ayayal uses the effective interest method required by IFRS. (Round answers to 2 decimal places, e.g. 52.75.) nd Discount Amortization Table ite Cash Received y ga ar d 20 ar d ar Interest Income Bond Discount Amortization $ 9 $ 10,46 1.46 Amortized Cost of Bond $ 95.11 96.58 10.62 1.62 98.2 10.80 1.80 200 3188 468
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