Question: On June 1 , 2 0 2 3 , JetCom Inventors Inc. issued a $ 5 7 0 , 0 0 0 9 % ,

On June 1,2023, JetCom Inventors Inc. issued a $570,0009%, three-year bond.

On June 1,2023, JetCom Inventors Inc. issued a $570,0009%, three-year bond. Interest is to be paid semiannually beginning
December 1,2023.
Required:
a. Calculate the issue price of the bond assuming a market interest rate of 10%.(Do not round intermediate calculations. Round the
final answer to the nearest whole dollar.)
b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calculations. Round the final
answers to the nearest whole dollar. Enter all the amounts as positive values.)
Interest is to be paid semiannually beginning December 1,2023. Required: a. Calculate

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