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Required information [ The following information applies to the questions displayed below. ] On January 1 , 2 0 2 4 , Coney Island Entertainment
Required information
The following information applies to the questions displayed below.
On January Coney Island Entertainment issues $ of bonds, due
in years, with interest payable semiannually on June and December each
year.
Assume that the market interest rate is and the bonds issue at a premium.
a Calculate the issue price of a bond.
b Complete the first three rows of an amortization schedule. FV of $ PV of $FVA of $ and PVA of
$
Complete this question by entering your answers in the tabs below.
Req A
Req B
Complete the first three rows of an amortization schedule. Use appropriate factors from the tables provid
interest rate factors. Round your answers to nearest whole dollar.
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