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please solve it compeletely 4. In Jan 1, 2024XYZ issued a 5-Year $1M bond at 6% coupon rate with interest payable semi-annually for $1,089,826. The
please solve it compeletely 
4. In Jan 1, 2024XYZ issued a 5-Year $1M bond at 6% coupon rate with interest payable semi-annually for $1,089,826. The current market rate was 4%. SHOW all calculations and prepare ALL Journal Entries for the bond in 2024. (Note: the formula to calculate PV is PV=FV/(1+i%)n)(18 marks ) Step by Step Solution
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th Edition
1118725786, 978-1118725788
