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Exercise 14-11 Martinez Inc. has issued three types of debt on January 1, 2017, the start of the company's fiscal year (a) (b) (c) $10

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Exercise 14-11 Martinez Inc. has issued three types of debt on January 1, 2017, the start of the company's fiscal year (a) (b) (c) $10 million, 9-year, 14% unsecured bonds, interest payable quarterly. Bonds were priced to yield 10%. $29 million par of 9-year, zero-coupon bonds at a price to yield 10% per year 17 million, 9-year, 996 mortgage bonds, interest payable annually to yield 10%. Prepare a schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond, (3) stated rate per each interest period, (4) effective-interest rate per each interest period, (S payment amount per period, and 6) present value of bonds at date of issue. Round stated and effective rate per period to 2 decimal places, eg, 10.25%. Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971) Unsecured Bonds Zero-Coupon Bonds Mortgage Bonds (1) Maturity value (2) Number of interest periods (3) Stated rate per period (4) Effective rate per period (S) Payment amount per period s (6) Present value Click if you would like to Show Work for this question: Open Show Work

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