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What is the formula to calculate the issue of the bond? Par Value Term (years) Annual market % Annual contract Payments per year $410,000 4

What is the formula to calculate the issue of the bond? image text in transcribed
Par Value Term (years) Annual market % Annual contract Payments per year $410,000 4 7% 6% 10 12 13 15 What is the amount of each semiannual interest payment? 16 How many semiannual payments of $12,300 will be made in total? 17Using the PV function, calculate the issue price of the bond. Make sure the formula 18 returns a positive value. See the instructions tab for help on the PV function $12 300 19 20 Complete the amortization schedule for these bonds Semiannual Cash InterestBond InterestDiscount Unamortized Interest Period Carrying Value Paid Expense Amortization Discount 21 23 24 25

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