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On March 1, 2020, Quinto Mining Inc. issued a $560,000, 6%, three-year bond. Interest is payable semiannually beginning 1,2020. Required: Part 1 a. Calculate

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On March 1, 2020, Quinto Mining Inc. issued a $560,000, 6%, three-year bond. Interest is payable semiannually beginning 1,2020. Required: Part 1 a. Calculate the bond issue price assuming a market interest rate of 5% on the date of issue. (Do not round intermediate calculation: Round the final answer to nearest whole dollar.) Totd on price $ 15,423 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 positive values.) Period Premium

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