2 Secure https:/www.mathxl.com/Stud ent/PlayerHomework.aspx?homeworkld-4843018968questionld-1&flushed-true&cld-5024293¢erwin-yes ACCT 201 801 Summer 2018 Jennifer Yassem &513 Homework: Ch 9 Homework Score: 0 of 2 pts E9-25A (similar to) 4

2 Secure https:/www.mathxl.com/Stud ent/PlayerHomework.aspx?homeworkld-4843018968questionld-1&flushed-true&cld-5024293&centerwin-yes ACCT 201 801 Summer 2018 Jennifer Yassem &513 Homework: Ch 9 Homework Score: 0 of 2 pts E9-25A (similar to) 4 of 6 (0 complete) HW Score:C EQuest County Bank has $400,000 of 7% debenture bonds outstanding The bonds were issued at 101 Requirements 1. How much cash did County Bank receive when it issued these bonds? 2. How much cash in total will County Bank pay the bondholders through the maturity date of the bonds? in 2014 and,mature in 2034 your answers to requirements 1 and 2. This difference represents County Ban's total interest expense over the life of the bonds Compute County Bank's annual interest expense by the straight-line amortization method. Multiply this amount by 20. Your 20-year total should be the same as your answer to Requirement 1. How much cash did County Bank receive when it issued these bonds? County Bank received $ at bond issuance Enter your answer in the answer box and then click Check Answer parts remaining wer O P