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Compute bond proceeds, amortizing discount by interest method, and interest expense Boyd Co, produces and sells aviation equipment. On the first day of its fiscal

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Compute bond proceeds, amortizing discount by interest method, and interest expense Boyd Co, produces and sells aviation equipment. On the first day of its fiscal year, Boyd kasued $90,000,000 or five-year 10% bonds at a market (effective) interest rate of 1.3%, with interest payable semiannually. This information has been collected in the Microsoft Excel Ontine fie. Open the spreadsheet, perform the required analysis, and input your answers in the questions below, THI Open spreadsheet Compute the following a. The amount of cash proceeds from the sale of the bonds. Round your answer to the nearest dollar 1. The amount of discount to be amortized for the first semiannual interest payment period, using the interest method. Round your answer to the nearest solat c. The nount or discount to be amortized for the second semiannual interest payment period, using the interest method. Round your answer to the nearest dollar d. The amount of the bond interest expence for the tree year. Round your answer the nearest

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