Suppose that Ivanhoe issued $4,860,000 of 6%,10-year bonds on January 1,2025 for $4,207,800 to yield...
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Suppose that Ivanhoe issued $4,860,000 of 6%,10-year bonds on January 1,2025 for $4,207,800 to yield an effective annual rate of 8%. The effective-interest method of amortization is to be used. Complete the bond amortization schedule for 2025 and 2026 : Suppose that Ivanhoe issued $4,860,000 of 6%,10-year bonds on January 1,2025 for $4,207,800 to yield an effective annual rate of 8%. The effective-interest method of amortization is to be used. Complete the bond amortization schedule for 2025 and 2026
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