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Bond contract rate = 7% semi-annual Bond par = $10,000 Bond market rate = 6% semi-annual Bond life = 10 years Calculate the discount/premium amortization

Bond contract rate = 7% semi-annual

Bond par = $10,000

Bond market rate = 6% semi-annual

Bond life = 10 years

  1. Calculate the discount/premium amortization per period (use the straight-line method)

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