Question: Prairie Dunes Co. issues bonds dated January 1, 2011, with a par value of $760 contract rate is 10%, and interest is paid semiannually on

 Prairie Dunes Co. issues bonds dated January 1, 2011, with a
par value of $760 contract rate is 10%, and interest is paid

Prairie Dunes Co. issues bonds dated January 1, 2011, with a par value of $760 contract rate is 10%, and interest is paid semiannually on June 30 and December three years. The annual market rate at the date of issuance is 8%, and the bonds a 3. Prepare an amortization table for these bonds; use the effective interest method to amortize the premium. (Make sure that the unamortized premium is adjusted to "0" and the carrying value equals to face value of the bond in the last period. Leave no cells blank - be certain to enter "0" wherever required. Round your intermediate calculations and final answers to the nearest dollar Carrying Unamortized Premium $ 39828 $ 799828 Semiannual Interest Period-End 1/01/2011 6/30/2011 12/31/2011 6/30/2012 12/31/2012 6/30/2013 760000

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