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Diana Inc. issued $150,000 of its 8%, 5-year bonds for $144,075 when the market rate was 9%. The bonds pay interest semi-annually. Prepare an amortization
Diana Inc. issued $150,000 of its 8%, 5-year bonds for $144,075 when the market rate was 9%. The bonds pay interest semi-annually. Prepare an amortization table for the first three payments. Round intermediate and final answers to whole dollar amount. Cash Interest Interest on Amortization of Payment Carrying Value Discount Carrying Value Jan. 1, Year 1 June 30, Year 1 Dec. 31, Year 1 June 30, Year 2
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