On January 1 of this year, Ikuta Company issued a bond with a face value...
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Accounting
On January of this year, Ikuta Company issued a bond with a face value of $ and a coupon rate of percent. The bond matures in years and pays interest every December When the bond was issued, the annual market rate of interest was percent. Ikuta uses the effectiveinterest amortization method. FV of $ PV of $ FVA of $ and PVA of $
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