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Sunday sold bonds on January 1, 2017 with a face value of $50,000. These bonds carry a coupon interest rate of 8% and term to

Sunday sold bonds on January 1, 2017 with a face value of $50,000. These bonds carry a coupon interest rate of 8% and term to maturity of 5 years. The bonds were issued when the market rate was 9%. When Payday purchased these bonds on January 1, 2019, the market rate was 10%. Both companies use the Effective Interest method to amortize the premium/discount on the bonds. Using TVM principles:

Prepare one bond amortization schedule for both the issuer and purchaser. Round each figure to the nearest dollar.

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