Required information [The following information applies to the questions displayed below.] On January 1,2024 ,...
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Required information [The following information applies to the questions displayed below.] On January 1,2024 , Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. ssume that the market interest rate is 5% and the bonds issue at a premium. a. Calculate the issue price of a bond. b. Complete the first three rows of an amortization schedule. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) Complete this question by entering your answers in the tabs below. Required information [The following information applies to the questions displayed below.] On January 1,2024 , Christmas Anytime issues $850,000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assume that the market interest rate is 5% and the bonds issue at a premium. 3a. Calculate the issue price of a bond. 3b. Complete the first three rows of an amortization schedule. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) Complete this question by entering your answers in the tabs below. Complete the first three rows of an amortization schedule. (Round your answers to nearest whole dollar.)
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