Complete the following zero-coupon amortization schedule
T (Periods) Beginning Price Interest Earned (8%) Ending
Price
1 $63.51 $857.34
2 $68.59
3 $925.93 $1,000.00
What will be an ideal response?
Answer:
T (Periods) Beginning Price Interest Earned (8%) Ending
Price
1 $793.83 $63.51 $857.34
2 $857.34 $68.59 $925.93
3 $925.93 $74.07 $1,000.00
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