Question: please help On 2018-04-01, ABC issued 4.5% bonds, with a face amount of $10000. The bonds mature on 2028-04-01. The effective yield for the bonds
On 2018-04-01, ABC issued 4.5% bonds, with a face amount of $10000. The bonds mature on 2028-04-01. The effective yield for the bonds is 4%. Interest is paid semiannually on Apr and Oct 1. Use the effective rate method to amortize any discount or premium for the bond. Calculate the carrying values of the bond on the following dates: a. On 2018-04-01 b. On 2018-10-01 c. On 2019-04-01 d. On 2019-10-01 e. On 2020-04-01
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