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Bond Amortization 7. Prepare a bond amortization table for the first 3 years. Face value $100,000 Coupon rate 6% Yield Term 5 years Semi-annual compounding
Bond Amortization 7. Prepare a bond amortization table for the first 3 years. Face value $100,000 Coupon rate 6% Yield Term 5 years Semi-annual compounding with interest payable on June 30 and December 31 9% Assume bond issued at end of the year, December 31, thus first coupon payment is due in six months time on June 3
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