2. A corporation purchased a $50,000 bond at a coupon rate of 7.5% and redeemable...
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Accounting
2. A corporation purchased a $50,000 bond at a coupon rate of 7.5% and redeemable in three years. If the yield rate at the time of purchase was 7% compounded semi-annually, construct the bond schedule showing the amortization of the premium. Chan 11 did
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