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On January 1, 2021. Swifty Corp. issued five-year bonds with a face value of $ 700,000 and a coupon interest rate of 6%, with Interest

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On January 1, 2021. Swifty Corp. issued five-year bonds with a face value of $ 700,000 and a coupon interest rate of 6%, with Interest payable semi-annually. Click here to view factor tables. (a) Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 5%. (Round answers to 0 decimal places, e.g. 5,255.) SWIFTYCORP. Bond Premium Amortization On January 1, 2021 Semi- annual Interest Periods Interest Payment Interest Expense Premium/Discount Amortization Una Premiu Jan. 1/21 July 1/21 $ 21000 $ Jan. 1/22 21000 e Texthonk and Media (a) Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 5%. (Round answers to decimal places, eg,5,255.) SWIFTYCORP. Bond Premium Amortization On January 1, 2021 Premium/Discount Amortization Interest Expense Bond Carrying Amount Unamortized Premium/Discount $ e Textbook and Media Save for Later Last saved 3 hours ago Saved work will be auto submitted on the due date. Auto- Submission can take up to 10 minutes. Attempts: 0 of 3 used Submit

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