A company issues bonds to gain capital to expand. The face value of the bonds...
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Accounting
A company issues bonds to gain capital to expand. The face value of the bonds is $5000, redeemable at 100 in 3 years paying interest at j1j1 = 7%. Investors who purchase these bonds yield j1j1 = 14%. Construct the amortization schedule of the company's loan.
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