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On May1,2020.KCD issued a series of bonds in order to raise money for some upcoming projects. The bonds had a face value of $5244000 and
On May1,2020.KCD issued a series of bonds in order to raise money for some upcoming projects. The bonds had a face value of $5244000 and mature in 10 years. Interest was payable at face rate of 6% each April 30 and October 31.The bonds were issued to yield 7%.Using1.factor table 2.a financial calculator or3.Excelfunction PV. Prepare a bond discount/premium amortization table May1,2020 to April 30,2030
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