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Required information [The following information applies to the questions displayed below] On January 1,2024, Christmas Anytime issues $850.000 of 6% bonds, due in 10 years,
Required information [The following information applies to the questions displayed below] On January 1,2024, Christmas Anytime issues $850.000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assume that the market interest rate is 5% and the bonds issue at a premium. 3a. Calculate the issue price of a bond 3b. Complete the first three rows of an amortization schedule. (FV of \$1. PV of \$1. FVA of \$1, and PVA of \$1) Complete this question by entering your answers in the tabs below. Calculate the issue price of a bond. (Use appropribte factor(s) from the tables providedsido not round interest rate factors.)
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