A bond was issued for 720000 of 11 ten-year bonds for

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A bond was issued for 720000 of 11%, ten-year bonds for 678852, yielding an effective interest rate of 12%. Semi annual interest is pay able on june 30 and dec 31 each year the firm uses the effective interest method to amortize the discount. Prepare an amortization schedule.

Reference no: EM13609119

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