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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 face amount.
Required:
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.
Complete the first three rows of an amortization schedule. Use appropriate factors from the tables provide
interest rate factors. Round your answers to nearest whole dollar.
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