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Prepare an amortization table through december

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Question - "On January 1, 2017, Sarasota Corporation issued $1,740,000 face value, 8%, 10- year bonds at $1,628,333. This price resulted in an effective-interest rate of 9% on the bonds. Sarasota uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1."

Prepare an amortization table through December 31, 2019 (three interest periods) far this bond issues.

Reference no: EM131638363

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