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Problem 2) LO 9.2: Effective-Interest Amortization On January 1, 2021, Beerbo issues $100,000 of bonds. The bonds have a stated rate (i.e. coupon rate) of

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Problem 2) LO 9.2: Effective-Interest Amortization On January 1, 2021, Beerbo issues $100,000 of bonds. The bonds have a stated rate (i.e. coupon rate) of 10%. The bonds mature on December 31, 2023. Complete the tasks for each scenario below. Use the present value tables below when necessary. Assume Beerbo has a December 31 fiscal year-end (FYE), uses the effective-interest method to amortize premiums and discounts, and has the following accounts in its ledger: - Bonds Payable - Interest Expense - Cash - Premium on Bonds Payable - Discount on Bonds Payable PV $1 n=3 n=6 4.5% 5.0% 5.5% 9.0% 10.0% 11.0% 0.87630 0.86384 0.85161 0.77218 0.75131 0.73119 0.76790 0.74622 0.72525 0.59627 0.56447 0.53464 PVOA $1 n=3 4.5% 5.0% 5.5% 9.0% 10.0% 11.0% 2.74896 2.72325 2.69793 2.53129 2.48685 2.44371 5.15787 5.07569 4.99553 4.48592 4.35526 4.23054 n=6 Problem 2.a) market rate

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