chapter 14_1st amortization of premium spreadsheet

chapter 14_1st amortization of premium spreadsheet - 5.00...

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Column 1 2 3 4 5 6 Date / Period Cash Interst Amortization Balance of Face Value Payments to Expesne of Discount Discount less Discount Bondholders (Carrying Value, CV) Equal to Interest Beg. Bal. .04*CV Expense less less Cash paid Amortization 1/1/2012 8.11 108.11 1/1-6/30/2012 5.00 4.32 -0.68 7.43 107.43 7/1-12/31/2012 5.00 4.30 -0.70 6.73 106.73 1/1-6/30/2013 5.00 4.27 -0.73 6.00 106.00 7/1-12/31/2013
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Unformatted text preview: 5.00 4.24-0.76 5.24 105.24 1/1-6/30/2014 5.00 4.21-0.79 4.45 104.45 7/1-12/31/2014 5.00 4.18-0.82 3.63 103.63 1/1-6/30/2015 5.00 4.15-0.85 2.77 102.77 7/1-12/31/2015 5.00 4.11-0.89 1.88 101.88 1/1-6/30/2016 5.00 4.08-0.92 0.96 100.96 7/1-12/31/2016 5.00 4.04-0.96 0.00 100.00 12/31/2017 50.00 41.89-8.11 50.00...
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