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 |