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On January 1 of this year, Barnett Corporation sold bonds with a face value of $502, 500 and a coupon rate of 5 percent. The
On January 1 of this year, Barnett Corporation sold bonds with a face value of $502, 500 and a coupon rate of 5 percent. The bonds mature in 8 years and pay interest annually on December 31. Barnett uses the effective-interest amortization method. Ignore any tax effects. Each case is independent of the other cases. (FVof$1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answers to whole dollars.) Required: Complete the following table. The interest rates provided are the annual market rate of interest on the date the bonds were issued
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