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Coronado Ltd . issued a $ 9 0 3 0 0 0 , 1 0 - year bond dated January 1 , 2 0 2
Coronado Ltd issued a $year bond dated January The bond was sold to yield effective interest. The bond paid interest on January and July each year. The company's yearend was December and Coronado followed IFRS. Using factor Tables a financial calculator, or Excel function PV calculate the amount received for the bond, and any discount or premium on the bond. Click here to view the factor table PRESENT VALUE OF Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF Round present value factor calculations to
decimal places, eg and final answers to decimal places eg Proceeds from sale of bond on bond $
prepare the journal entries to record the transaction above
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