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On January lst , 2 0 1 8 , Company A issues a 5 - year, 7 % coupon bond with a $ 1 0

On January lst,2018, Company A issues a 5-year, 7% coupon bond with a $10,000 face value at $8,490. Coupon payment in first year?


On January Ist, 2019, a company issues a 5-year, 5% cocoon bond with a $10,000 face value at $8,639. What is the amortization in the first year? 

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