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Hello please show me how to work this problem. Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on
Hello please show me how to work this problem.
Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30th and December 31st each year.
calculate the issue price of a bond and complete the first three rows of an amortization schedule when:
A: The Market Interest is 6% and the bonds at face amount.
B: The Market interest is 7% and the bonds at a discount.
C: The Market interest is 5% and the bonds issue at a premium.
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