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Homework answers / question archive / On May 12024, Oriole Corp
On May 12024, Oriole Corp. issued $855,000 of 5-year5% bonds at $818,533. This price resulted in an effective interest rate of 6% on the bondsThe bonds pay interest semi-annually on May 1. Oriole's year end is April 30.
Prepare an effective-interest amortization table for thus bond