Semiannual straight-line amortization on premium

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Reference no: EM13777616

If the amount of a newly issued 13%, 5-year, $100,000 bond on premium is $11,581.00. What is the semiannual straight-line amortization on premium?

Reference no: EM13777616

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Semiannual straight-line amortization on premium : If the amount of a newly issued 13%, 5-year, $100,000 bond on premium is $11,581.00. What is the semiannual straight-line amortization on premium?

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