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Shamrock Inc. has issued three types of debt on January 1, 2020, the start of the company's fiscal year: 1. 2. $10 million, 5-year, 13%
Shamrock Inc. has issued three types of debt on January 1, 2020, the start of the company's fiscal year: 1. 2. $10 million, 5-year, 13% unsecured bonds, with interest payable quarterly, priced to yield 10% $2.4 million par of 5-year, zero-coupon bonds at a price to yield 10% per year $13 million, 5-year, 9% mortgage bonds, with interest payable annually to yield 10% 3. Prepare a schedule that identifies the following items for each bond: (For calculation purposes, use 5 decimal places as displayed in the factor table provided round percentages to 2 decimal places, e.g. 15.12% and all other answers to O decimal places, e.g. 5,275. Do not leave any answer field blank. Enter O for amounts.) Unsecured Bonds Zero- Coupon Bonds $ (a) Maturity value (b) Number of interest periods over the life of the bond % (c) Stated rate for each interest period % Effective interest rate for each interest period (d ) ) $ Payment amount per period $ $ (f) Present value of the bonds at the date of issue Mortgage Bonds $ % % $ $
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