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Help ASAP please Enviro Company issues 12.00%, 10-year annual market...

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Accounting

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Enviro Company issues 12.00%, 10-year annual market rate for these bonds is 9.00%, which Implies a selling price of 128 578. The straight-line method Is used to allocate interest expense. bonds with a par value of $460,000 and semiannual interest payments. On the issue date, the 1.Using the implied selling price of 128 5/8. what are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? Bond Interest Expense Over Life of Bonds Amount repaid payments of Par value at maturity otal repayments Less amount borrowed (from part 1) Total bond interest expense 3. What is the amount of bond interest expense recorded on the first interest payment date

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