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Question 5 20 pts On July 1, 2019, Sagittarius Satellites issued $4,500,000 face value, 9%, 10-year bonds at $4,219,600. This price resulted in an effective-interest

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Question 5 20 pts On July 1, 2019, Sagittarius Satellites issued $4,500,000 face value, 9%, 10-year bonds at $4,219,600. This price resulted in an effective-interest rate of 10% on the bonds. Sagittarius uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest July 1 and January 1. Instructions: (Round all computations to the nearest dollar. Don't put "S" and "," into the blanks.) (a) Fill in the following amortization table for the first 3 interest periods about this bond issue. Bond Amortization Effective-interest Method - Semiannual Interest Payments 9% Bonds Issued at 10% Unamortized Discount Period Interest Payment Interest expense Carrying Value Amortization Discount 1 2 3 (b) How much is carrying value of the bond on December 31, 2020? $

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