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please explain all steps Thmarisk Lid isued a $1,094,000,10 year bond dated January 1, 2023. The bond was sold to yield 12% effective interest. The
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Thmarisk Lid isued a $1,094,000,10 year bond dated January 1, 2023. The bond was sold to yield 12% effective interest. The bond paid 10 s interest on lanuary 1 and Juhy 1 each vear, The company svear-end was Dectenber 31 and Tamarthk followrd if RS Uiing 1. factor Tables 2. a firmoblal calculator or 3 Excelfunction FV, calculate the ameint received for the bond, and any isiccount or premium enthe bond Cick here to vicw the fartor tahle PRESENT VALUE OF 1 es 125124 end final artwers to 0 decimai placese 59971 Prcpire thejournyi endries tor above transactions, Wound aniwes to Odechol doces ey. 5.275 Cmdt occount tities are autematically ancunts Lot al debl entries before ceradtentrins Step by Step Solution
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