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January 1, 2018, Feng, issued 1,000,000 face value, 5-year bonds with a stated rate of 5% at = fective rate of 6% which brought in
January 1, 2018, Feng, issued 1,000,000 face value, 5-year bonds with a stated rate of 5% at = fective rate of 6% which brought in $970,000. Interest is paid semi-annually on July 1 and Dec ng uses the effective-interest method of amortization. epare the amortization table for the first 3 payment periods in the table below: emi Annual terest Date Interest Payment Interest Expense Premium Amortization Amount Premium Balance Car Am 11, 2018 y 1, 2018 c 31, 2018 y 1, 2019
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