Prepare a debt amortization schedule for a bond issued at discount
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Prepare a debt amortization schedule for a bond issued at discount. Assume that the bond matures in 12 years with market interest rate at time of issue—10% annually and 5% semiannually. The stated interest rate is 8%. The interest is paid semiannually.
The calculations in the debt amortization schedule are accurate.
The assumptions, if any, are clearly mentioned.
- 10 years ago
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