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On March 1, 2019, Cupola Corporation issued 10% bonds with a face value of $2,000,000. The bonds were dated March 1,2019 . These bonds mature
On March 1, 2019, Cupola Corporation issued 10% bonds with a face value of $2,000,000. The bonds were dated March 1,2019 . These bonds mature in five years, and interest is paid semiannually on March 1 and September 1 . The market interest rate at the time of issuance is 12%.A. What is the Present Value (PV) of face value of bonds and the PV of coupon payment? Use the PV tables. [Round amounts to the nearest dollar]. Possible answers 1 point Calculator On March 1, 2019, Cupola Corporation issued 10% bonds with a face value of $2,000,000. The bonds were dated March 1, 2019. These bonds mature in five years, and interest is paid semiannually on March 1 and September 1 . The market interest rate at the time of issuance is 12%. Do not use thousands comma separators. Fill in the amortization schedule provided, show relevant data through Sep 1, 2019 only. Use the effective interest rate method for discount/premium amortization.[Round amounts to the nearest dollar]
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