Oak Branch Inc. issued $800,000 of 5%, 10-year bonds when the market rate was 4%. They received $865,419. Interest was paid semi-annually. Prepare an amortization table for the first three years of the bonds. Round intermediate and final answers to whole dollar amount.   Cash Interest Payment Interest on Carrying Value Amortization of Premium Carrying Value Jan. 1, Year 1       $fill in the blank 1 June 30, Year 1 $fill in the blank 2      $fill in the blank 3      $fill in the blank 4      fill in the blank 5 Dec. 31, Year 1 fill in the blank 6      fill in the blank 7      fill in the blank 8      fill in the blank 9 June 30, Year 2 fill in the blank 10      fill in the blank 11      fill in the blank 12      fill in the blank 13 Dec. 31, Year 2 fill in the blank 14      fill in the blank 15      fill in the blank 16      fill in the blank 17 June 30, Year 3 fill in the blank 18      fill in the blank 19      fill in the blank 20      fill in the blank 21 Dec. 31, Year 3 fill in the blank 22      fill in the blank 23      fill in the blank 24      fill in the blank 25

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Debenture Valuation

A debenture is a private and long-term debt instrument issued by financial, non-financial institutions, governments, or corporations. A debenture is classified as a type of bond, where the instrument carries a fixed rate of interest, commonly known as the ‘coupon rate.’ Debentures are documented in an indenture, clearly specifying the type of debenture, the rate and method of interest computation, and maturity date.

Note Valuation

It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like: