A 20 year bond with
$100,000
face value has semiannual nominal coupon rate
5%
and semiannual nominal yield rate
4%
. Fill out the following amortization table where here
t
denotes the number of six month periods. \table[[t,Payment,Interest,\table[[Principle],[repaid]],\table[[Outstanding],[Balance]]],[0,-,-,,],[1,,,,],[2,,,,],[3,,,,],[
vdots
,,,,],[12,,,,]]