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I need part 2 on this question On March 1, 2023, Quinto Mining Inc, issued a $550,000,7%, three-year bond Interest is payable semiannually beginning September
I need part 2 on this question
On March 1, 2023, Quinto Mining Inc, issued a $550,000,7%, three-year bond Interest is payable semiannually beginning September 1. 2023. Requlred: Part 1 a. Calculate the bond issue price assuming a market interest rate of 6% on the date of issue. (Do not round Intermediate calculations. Round the final answer to nearest whole dollar.) b. Using the effective interest method, prepare an amortization schedule. (Do not round intermedlate calculetlons. Round the final onwwers to nearest whole dollor. Enter all the omounts as positive volues.) Step by Step Solution
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