Bond Amortization Table

Bond Amortization Table

TONG Incorporated issues 10-year bonds with a face value of $330,000 and a stated annual interest rate of 10%, paid semi-annually. The bonds sold at a price of 89
(89% of face value). The effective annual interest rate is 12%.
-Prepare the bond amortization table for these bonds for the first 4 six-month periods.

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