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n On Jan. 1, 2020, Falta Company issued bonds with a par value of $200,000 and 3 years term-to-maturity. The contract rate is 8%.
n On Jan. 1, 2020, Falta Company issued bonds with a par value of $200,000 and 3 years term-to-maturity. The contract rate is 8%. The bonds pay interest every 6 months. At the time of issuance, the market interest rate was 10%. The company's year end is Dec. 31. Prepare an amortization table similar to slide # 14-35.
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