Calculate the present value

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Reference no: EM133012980

Question - Three year bonds are issued at face value of $100,000 on Jan. 1, 2011, and a stated interest rate of 8%. Calculate the issue price of the bonds assuming a market interest rate of 6%.

Required -

1. Calculate the present value.

2. Calculate the Bond Amortization Table.

Reference no: EM133012980

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