Determine the purchase price of the bond and complete the amortization of the premium or the...
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Determine the purchase price of the bond and complete the amortization of the premium or the accumulation of the discount. Note: Round all answers to 2 decimal places, and use the rounded answers in your following calculations Time (t) 0 1 2 Coupon Face Value Redemption Bond Interest Rate Years to Redemption Yield Rate at 99 J1 = 7% J1 = 12% 7000 Interest on Book Value 3 Book Value Adjustment Book Value Determine the purchase price of the bond and complete the amortization of the premium or the accumulation of the discount. Note: Round all answers to 2 decimal places, and use the rounded answers in your following calculations Time (t) 0 1 2 Coupon Face Value Redemption Bond Interest Rate Years to Redemption Yield Rate at 99 J1 = 7% J1 = 12% 7000 Interest on Book Value 3 Book Value Adjustment Book Value
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