help? 16 Exercise 10-19B (Static) Effective interest: Amortization of bond...
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16 Exercise 10-19B (Static) Effective interest: Amortization of bond discount LO P5 0.5 point Stanford issues bonds dated January 1, 2021 with a par value of $500,000. The bonds' annual contract rate is 9% and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 12% and the bonds are sold for $463,340. 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an effective interest amortization table for these bonds Complete this question by entering your answers in the tabs below. Derences Requited Required 2 Required Prepare an effective interest amortization table for these bonds. (Round all amounts to the nearest whole deltar.) Cash Interest Bond Interest Paid Expense Discount Amortization Unamortized Discount Carrying Value $ Semiannual Interest Period-End 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31 2022 06/30/2023 120312023 Portal 22.500 22.500 22.500 22.500 22.500 22.500 135.000 0 22.500 135 000

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