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On May 1,2024, Crane Corp. issued $840,000 of 5-year, 5% bonds at $804,173. This price...

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Accounting

On May 1,2024, Crane Corp. issued $840,000 of 5-year, 5% bonds at $804,173. This price resulted in an effective interest rate of 6% on the bonds. The bonds pay interest semi-annually on May 1. Crane's year end is April 30. prepare an effective interest amortization table for this bond

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