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C. Using the bond issue price calculated in letter A and rounding all calculations to the nearest whole dollar, fill in the remaining missing spaces

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C. Using the bond issue price calculated in letter "A" and rounding all calculations to the nearest whole dollar, fill in the remaining missing spaces (gray blocks) in the amortization schedule below using the effective interest method. Some of the spaces are already filled in to serve as checks. Date Cash Interest Payment Interest Expense (face value x face rate x time) Amortization of (CV x market rate x time) Carrying Value (CV) Discount (Increase in CV) 1/1/X1 (issue price) 6/30/X1 $1,000 $1,216 $216 12/31/X 1,000 49,060 6/30/X2 1,000 12/31/X 1,000 1,232 232 49,519 2 6/30/X3 1,000 12/31/X 1,000 3 Total $6,000

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