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On June 1 , 2 0 2 3 , JetCom Inventors Inc. issued a $ 5 7 0 , 0 0 0 9 % ,
On June JetCom Inventors Inc. issued a $ threeyear bond. Interest is to be paid semiannually beginning December Required: a Calculate the issue price of the bond assuming a market interest rate of Do not round intermediate calculations. Round the final answer to the nearest whole dollar. b Using the effective interest method, prepare an amortization schedule. Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.
On June JetCom Inventors Inc. issued a $ threeyear bond. Interest is to be paid semiannually beginning
December
Required:
a Calculate the issue price of the bond assuming a market interest rate of Do not round intermediate calculations. Round the
final answer to the nearest whole dollar.
b Using the effective interest method, prepare an amortization schedule. Do not round intermediate calculations. Round the final
answers to the nearest whole dollar. Enter all the amounts as positive values.
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