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  • Jun 29, 2008, 09:13 PM
    nose2grindstone
    Preparing an amortization table
    On january 1, 2005, $300,000 of 10%, 3-year bonds were issued for $85,150. The market price at the time was 12%. The bonds pay interest semiannually on june 30 and december 31. The company amortizes any discount or premium using the effective-interest method of amortization.
  • Jul 2, 2008, 05:27 PM
    morgaine300
    Please see our guidelines for posting homework problems:

    https://www.askmehelpdesk.com/financ...-b-u-font.html

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