Monty Inc. has issued three types of debt on January 1, 2020, the start of the companys
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Question:
Prepare a schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond, (3) stated rate per each interest period, (4) effective-interest rate per each interest period, (5) payment amount per period, and (6) present value of bonds at date of issue.
Unsecured | Zero-Coupon | Mortgage | |||||||||
(1) | Maturity value | $ | $ | $ | |||||||
(2) | Number of interest periods | ||||||||||
(3) | Stated rate per period | % | % | % | |||||||
(4) | Effective rate per period | % | % | % | |||||||
(5) | Payment amount per period | $ | $ | $ | |||||||
(6) | Present value | $ | $ | $ |
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