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Prepare a straight-line amortization table for the bonds

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Problem - Legacy issues $600,000 of 7.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $541,807 when the market rate is 10%. Prepare a straight-line amortization table for the bonds' first two years.

Reference no: EM132746773

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