Hambelton Ltd. issued $4,250,000 of 5% bonds payable on 1 September 209 to yield 4%....

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Accounting

Hambelton Ltd. issued $4,250,000 of 5% bonds payable on 1 September 209 to yield 4%. Interest on the bonds is pald seminannudiy and is poyable each 28 February and 31 August. The bonds were dated 1 March 208, and had an original term of flve years. The accounting period ends on 31 December. The effective-interest method is used. (PV of $1. PVA of $1, and PYAD of $1)(Use appropriate factor(s) from the tables provided.)
Required:
Determine the price at which the bonds were issued. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)
Price of Bond
2. Prepare a bond amortization table for the life of the bond. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter "O" wherever required.)
Tnska Interest Interest Aremium Unamortized Net Bond
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