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o nouo huolen 1916 ISOS INGLO 3. On January 1, 2019 Willows Corporation issued $20 million of 5% coupon, convertible bonds at 102. The bonds pay interest on June 30 and December 31 and mature in 10 years. Each $1,000 bond is convertible into 25 shares of Willow's no par common stock. Bonds that are similar in all respects, except that they are nonconvertible, were currently trading at 99. (that is, 99% of face value). a. Prepare the journal entry to record the issuance of these bonds. (Assume Willows prepares its financial statements under US GAAP). NAD 20 to botani 2 19bhu behog wolweb no zbrod godt lo tishizotron fontos or no sin vista dos biseris und b. Solve for the effective interest rate on these bonds. (Hint: You know PV, Pmt, FV and N; you can solve for 1). You can round this interest rate to 2 decimal places. c. Using the effective rate from b, prepare an amortization table that covers the first four coupon payments related to these bonds. o nouo huolen 1916 ISOS INGLO 3. On January 1, 2019 Willows Corporation issued $20 million of 5% coupon, convertible bonds at 102. The bonds pay interest on June 30 and December 31 and mature in 10 years. Each $1,000 bond is convertible into 25 shares of Willow's no par common stock. Bonds that are similar in all respects, except that they are nonconvertible, were currently trading at 99. (that is, 99% of face value). a. Prepare the journal entry to record the issuance of these bonds. (Assume Willows prepares its financial statements under US GAAP). NAD 20 to botani 2 19bhu behog wolweb no zbrod godt lo tishizotron fontos or no sin vista dos biseris und b. Solve for the effective interest rate on these bonds. (Hint: You know PV, Pmt, FV and N; you can solve for 1). You can round this interest rate to 2 decimal places. c. Using the effective rate from b, prepare an amortization table that covers the first four coupon payments related to these bonds

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