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Hold to Maturity Security fill out chart completely and correctly Flying Cloud Industries Issues a 3-year hend-series with a face value of 1,000,000 at a
Hold to Maturity Security fill out chart completely and correctly
Flying Cloud Industries Issues a 3-year hend-series with a face value of 1,000,000 at a stated rate of 9%. The market rate is 7% and the bond pays semiannually on 30 June and 31 Dec. You pay $1,053,285.53 for the bonds, Complete the amortization schedule below and use in the subsequent series of questions, Amortized Cost Date Payment Rate Interest Rev/Exp Bond Amortization (Carryine Value Fair Value 1/1/2020 73,017 $1,053,285,533 1,053,285 53 6/30/2020 op Ten RUL95.693,304.3 1.049, 1.050,000.00 12/31/2020 $ 1.040,000.00 $ 1,030,000.00 6/30/2021 $ 1,020,000.00 31/12/2021 Hoe $ 1,010,000.00 6/30/2022 orou $ 1,000,000.00 2/31/2022 90 000 asu ) Shoes Step by Step Solution
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