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Question 1 nts 15 pts Kennard Corporation issued a $160,000, 8%, 3 year bond on 1/1/30 when the market rate of interest was 10%. Solve
Question 1 nts 15 pts Kennard Corporation issued a $160,000, 8%, 3 year bond on 1/1/30 when the market rate of interest was 10%. Solve for the issue price of the bond, and fill in the effective interest method chart. Please round to the nearest dollar (no decimals), Questions Question 1 Question 2 Spacer Questions Question Question Question Question 1. What is the issue price of the bond: 2. Fill in the effective interest method chart. Time Running Attemot dues Dec 1 Hour 53 Minu Amortization BV of the Bond Interest expense Date Cash Interest 1/1/20 s 12/31/20 Matrix 12/31/21 Teams cess) 12/31/22 10 pts Question 2 MacBook Pro G Search or type URL 8 > c & 7 % 6 $ 5 4 # 3 @ T T 2 R J E H . A C
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