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Face value: 10,000 Coupon rate: 5% Market rate 10% Maturity: 5 years A. Find the...

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Accounting

Face value: 10,000

Coupon rate: 5%

Market rate 10%

Maturity: 5 years

A. Find the present value of a bond with the following information.

B. Prepare journal entries for the issue of the above bond.

C.Prepare journal entries for the interest payments of the above bond.

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