INSTRUCTIONS: Waldron Inc. issued $ bonds with a stated rate of when the market rate was They are year bonds with interest to be paid annually. Assume that the bonds were issued for $ Prepare an amortization table for the first three payments.
tabletableAnnualInterestPeriodtableAnnual InterestExpensetableAnnual InterestPaymenttableAmortization ofPremiumtableEndingINSTRUCTIONS: Waldron Inc. issued $ bonds with a stated rate of when the market rate was They are year bonds with interest to be paid annually. Assume that the bonds were issued for $ Prepare an amortization table for the first three payments.
Annual Interest Period Annual Interest Expense Annual Interest Payment Amortization of Premium Ending Carrying Value
PLEASE NOTE: All dollar amounts will be rounded to whole dollars with $ and commas as needed ie $
HINT You definitely will want to use this EXCEL spreadsheet Chapter HW # # Worksheets.xlsx Download Chapter HW # # Worksheets.xlsx to assist in your calculations. In order to use the worksheet, you will also need to calculate the Market Price of Bonds of Face