Construct amortization schedule for bond

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Reference no: EM131906492

A $1,000 par value 10-year bond with annual coupons is redeemable at $1,055 and has a purchase price of $986 at a yield rate of 4% per annum. The coupons are non-level and increase at a rate of 3% per year. Construct the amortization schedule for the bond.

Reference no: EM131906492

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