Debt Amortization Schedule

1. Prepare a debt amortization schedule for a bond issued at discount. Assume that the bond matures in 12 years with market interest rate at time of issue10% annually and 5% semiannually. The stated interest rate is 8%. The interest is paid semiannually.

2. Work should be submitted in a Word document, typed in double-space, in 10- or 12-point Arial or Times New Roman font. It should be 2 page minimum. The page margins on the top, bottom, left side, and right side should be 1 inch each. You should use the APA guidelines for writing and citations.

3. Must have an Introduction, Analysis and Conclusion.

4. Must have a minimum of 3 references.