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Business, 09.10.2019 16:30 NikkiZoeller

On january 1, 2018, bradley recreational products issued $100,000, 12%, four-year bonds. interest is paid semiannually on june 30 and december 31. the bonds were issued at $94,029 to yield an annual return of 14%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. prepare an amortization schedule that determines interest at the effective interest rate. 2. prepare an amortization schedule by the straight-line method. 3. prepare the journal entries to record interest expense on june 30, 2020, by each of the two approaches. 5. assuming the market rate is still 14%, what price would a second investor pay the first investor on june 30, 2020, for $14,000 of the bonds?

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On january 1, 2018, bradley recreational products issued $100,000, 12%, four-year bonds. interest is...
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