Chapter 09 - Homework Saved Help 19 Required information (The following information applies to the...
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Chapter 09 - Homework Saved Help 19 Required information (The following information applies to the questions displayed below. Christmas Anytime issues $660,000 of 5% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Part 3 of 3 Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: 0.38 points 3. The market interest rate is 4% and the bonds issue at a premium. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.) Print References Issue price Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 06/30/2021 12/31/2021 Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indi 19 Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: Part 3 of 3 3. The market interest rate is 4% and the bonds issue at a premium. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.) Answer is complete but not entirely correct. 0.38 points Issue price $ 458,838 X Answer is complete but not entirely correct. Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 $ 06/30/2021 9.177 X $ $ 16,500 $ 16,500 7,323 X 7,177 X 458,838 X 466,161 X 473,338 X 12/31/2021 9,323 x
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