Hartford Research issues bonds dated January $1$ that pay interest semiannually on June $30$ and December $31.$ The bonds have a $$32,000$ par value and an annual contract rate of $12\%,$ and they mature in $10$ years. $($Table B$\mathrm{.}1,$ Table B$\mathrm{.}2,$ Table B$\mathrm{.}3,$ and Table B$\mathrm{.}4)$ Note: Use appropriate factor$($s$)$ from the tables provided. Round all table values to $4$ decimal places, and use the rounded table values in calculations.

Required:

Consider each separate situation.

The market rate at the date of issuance is $10\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

The market rate at the date of issuance is $12\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

The market rate at the date of issuance is $14\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

Complete this question by entering your answers in the tabs below.

Required $1A$

Required $1$B

Required $2$A

Required $2$B

Required $3A$

Required $3$B

Complete the below table to determine the bonds' issue price on January $1$ if the market rate at the date of issuance is $10\%.$ Note: Round all table values to $4$ decimal places.

$\backslash$table$[[$Table values are based on:$,],[$Cash Flow,,$],[$Par $($maturity$)$ value,,$],[$Interest $($annuity$),,]]$