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On 1/1/2011, Ronaldo issued 2 year, 6%, $100,000 bonds. The bonds pay interest on 6/30 and 12/31 of each year. The effective interest rate on

On 1/1/2011, Ronaldo issued 2 year, 6%, $100,000 bonds. The bonds pay interest on

6/30 and 12/31 of each year. The effective interest rate on these bonds at the time of

issuance is 10%. The proceeds from the bond issuance (i.e., the price of the bond at the

time of issuance) equal $92,908. Complete the following amortization table.

Show all

your computations for 6/30/2011

(you can do so on the back of this page),

and be sure

to round to cents

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