Categories: Quick Homework

Coney Island Entertainment issues $1,400,000 of 7% bonds, due in 20 years, with interest payable sem

Coney Island Entertainment issues $1,400,000 of 7% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. I have been unable to reverse the solution with different numbers present, such as 1.3 million instead of 1.4 to find the answer relevant to my values. I need the amortization tables (hopefully with a few steps) of a discount issue at 8% and a premium issue at 6% with three rows of semiannual periods, thank you!

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