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Prepare the effective interest amortization table

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Question - Ike issues $150,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semi-annually on June 30 and December 31. They are issued at $153,805. When the market rate is 10%. Prepare the effective interest amortization table for the bonds' first two years.

Reference no: EM132849749

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