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MORTIZATION OF PREMIUM ( Steps to help with excel would be appriacted! ) A corporation purchased a $ 5 0 , 0 0 0 bond
MORTIZATION OF PREMIUM
Steps to help with excel would be appriacted!
A corporation purchased a $ bond at a coupon rate of and redeemable in three years. If the yield rate at the time of purchase was compounded semiannually, construct the bond schedule showing the amortization of the premium.
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