Question: Coronado Ltd. issued a $992,000, 10-year bond dated January 1, 2023. The bond was sold to yield 12% effective interest. The bond paid 10% interest

L Foronado Ltd. issued a $992,000,10-year bond dated January 1, 2023. The bond was sold to yield 12% effective interest. The bond paid 10% interest on January 1 and July 1 each year. The company's year-end was December 31 , and Coronado followed IFRS. Using 1. factor Tables 2 a financial calculator, or 3. Excel function PV, calculate the amount received for the bond, and any discount or premium on the bond. Click here to view the factor table PRESENT VALUE OF 1 Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (Round present value factor calculations to 5 decimail places. 8. 1.25124 and final answers to 0 decimal places eg. 58,971.) Proceeds tromsale of bond on bond s required, select "No Entry" for the occount titles and enter Ofor the amounts. List all debit entries before credit entries)
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