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Please make sure your answer is correct A $1000 par value two-year 9% bond with semiannual coupons bought to yield 5%. a) Complete the following
Please make sure your answer is correct
A $1000 par value two-year 9% bond with semiannual coupons bought to yield 5%. a) Complete the following amortization schedule: Half-year Coupon Interest earned Amount for amortization of premium Book value 0 1 N 3 4 Total b) Find the approximated book values by the straight line method. Half-year Approximated book value 0 1 2 3 4 A $1000 par value two-year 9% bond with semiannual coupons bought to yield 5%. a) Complete the following amortization schedule: Half-year Coupon Interest earned Amount for amortization of premium Book value 0 1 N 3 4 Total b) Find the approximated book values by the straight line method. Half-year Approximated book value 0 1 2 3 4Step by Step Solution
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