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Maria Miller inc. has issued three types of debt on january 1,2025, the start of the company's fiscal year. A) $11 million,12 year,15% unsecured bonds,
Maria Miller inc. has issued three types of debt on january 1,2025, the start of the company's fiscal year. A) $11 million,12 year,15% unsecured bonds, interest payable quartely, Bonds were priced to yield 10.00%. b). $26 Million par 12 years, zero coupon bonds at price to yield 10.00% per year. c) $20 million,12 years,8% mortgage bonds, interest payable annually to yield 10,00%. prepare a schedule that identifies the following items for each bind:(1) matuarity value (2) number of interest periods over life of bond. (3) stated rate per each interest period. (4) effective interest rate per each interest period. (5) payment amount per period, and (6) present value of bonds at date issue. (round present value factor calculation to 5 decimal places. round stated and effective rate per period to 2 decimal places and other answers to 0 decimal places).
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