Question
Huskey Mining Corporation issued bonds with a par value of $105,000 on January 1, 2020. The annual contract rate on the bonds is 9%, and
Huskey Mining Corporation issued bonds with a par value of $105,000 on January 1, 2020. The annual contract rate on the bonds is 9%, and the interest is paid semiannually. The bonds mature after three years. The annual market interest rate at the date of issuance was 11 %, and the bonds were sold for $99,755 . Present an amortization table for these bonds use the effective interest method of allocating the interest and amortizing the discount . (Do not round intermediate calculations , Round the answers in each column to the nearest whole dollar . Enter all the amounts as positive values .
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