On January 1st a company issues a $100,000, 10%, 5 year note. The market rate for the

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On January 1st a company issues a $100,000, 10%, 5 year note. The market rate for the note is 8%. Interest is paid annually.

What is the amortized premium amount at year end December 31st?

Posted Date: May 31, 2024 03:12 AM

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On January 1st a company issues a $100,000, 10%, 5 year note. The market rate for the

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