On January 1, 2022, Atlas Company issues 16%, $2,000,000 20-year bonds and the bonds pay...
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Accounting
On January 1, 2022, Atlas Company issues 16%, $2,000,000 20-year bonds and the bonds pay interest semi-annually on Jun 30 and Dec 31 each year. The market interest rate at the date of issue is 12%. REQUIRED: Calculate the price of the bonds at the issue date (4 points). Use tab one (Bond Price) on the template given Prepare a bond amortization table for the bonds (21 points). Use tab two (Amortization) on the template given. Please help and provide a graph of some kind, I must make an Excel worksheet out of this.
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