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Mahalo Boat Adventure Inc. has a July 3 1 year - end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue
Mahalo Boat Adventure Inc. has a July yearend. It showed the following partial amortization schedules regarding two bond issues:
Bond Issue A
Adjusted for rounding
For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.
Required:
Bond Issue A
a Were the bond A issued at a premium andor discount?
Issued at discount
Issued at premium
Issued at premium & discount
What is the contract interest rate for the issue bond A
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