what-is-the-purpose-of-constructing-an-amortization-table-for-bonds

Question

What is the purpose of constructing an amortization table for bonds?

Accepted Answer

To track changes in interest expense, cash payments, and discount or premium amortization over time.

Answer

To determine the bond's face value.

Answer

To calculate the bond's market interest rate.

Answer

To find the bond's stated interest rate.