5.8 Problem #2 Accounting for Bonds
Exercises
Here is a brand-new bond. Use the following bond information to fill in the table below.
Given: | Coupon | = 0% |
Discount Rate | = 8% | |
Maturity | 3 Years | |
Compounding Frequency | Semi-Annual |
End of Period | Coupon Interest | Interest Expense | Amortization | Debt Balance |
---|---|---|---|---|
0 | ||||
1 | ||||
2 | ||||
3 | ||||
4 | ||||
5 | ||||
6 |