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Calculate the discount /premium if any on the security

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Reference no: EM133076097

Question - On 1/1/2020 Jamela Corporation invested in held to maturity securities the face value was $200,000 the maturity date is 1/1/2040. The security market rate was 5% and the stated rate was 10%.

1 - Calculate the discount /premium if any on the security using Excel.

2 - Prepare the amortization schedule using Excel.

Reference no: EM133076097

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