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On January 2 , 2 0 1 9 , Teal Corporation issued $ 1 , 7 5 0 , 0 0 0 of 1 0
On January Teal Corporation issued $ of bonds to yield due December Interest on the bonds is payable annually each December The bonds are callable at ie at of face amount and on January Teal called $ face amount of the bonds and retired them.
Determine the price of the Teal bonds when issued on January For calculation purposes, use decimal places as displayed in the factor table provided and round final answer to decimal places, eg
Price of the Teal bonds $
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List of Accounts
Prepare an amortization schedule for for the bonds. Round answers to decimal places, eg
tableDatetableAMORTIZATION SCHEDULEBonds Sold to YieldCarrying Amount of BonCash Paid,Interest Expense,Discount Amortized
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