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On March 1 , 2 0 2 3 , Quinto Mining Inc. issued a $ 5 6 0 , 0 0 0 , 6 %
On March Quinto Mining Inc. issued a $ threeyear bond. Interest is payable semiannually beginning September
Required:
Part
a Calculate the bond issue price assuming a market interest rate of on the date of issue. Do not round intermediate calculations. Round the final answer to nearest whole dollar.
Total issue price
b Using the effective interest method, prepare an amortization schedule. Do not round intermediate calculations. Round the final answers to nearest whole dollar. Enter all the amounts as pesitive values.
tabletablePeriodEndingtableCash InterestPaidtablePeriod InterestExpensetablePremiumAmorttableUnamortizedPremiumCarrying ValueMarSeptMar
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