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On Jan.1, 2020; Zee Corporation issued 5-years Bonds $600,000 par value, 5% payable annually on Dec. 31. The market interest rate 4%. Instructions: Q 1)

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On Jan.1, 2020; Zee Corporation issued 5-years Bonds $600,000 par value, 5% payable annually on Dec. 31. The market interest rate 4%. Instructions: Q 1) Compute the issue price of bonds? Q 2) Prepare the amortization schedule (use excel sheet)

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