Question: BZ Corp issues 5.0%, 10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of similar risk and maturity is

BZ Corp issues 5.0%, 10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of

similar risk and maturity is 5.1%. Interest is paid semiannually.

Use the following to answer questions 8 - 10 (Round answers to the nearest dollar) BZ Corp issues 5.0%, 10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of similar risk and maturity is 5.1%. Interest is paid semiannually. (rounded to nearest dollar) What is the issue price of the bond? (rounded to nearest dollar) When the company records the 2nd interest payment, how much will the company record for interest expense? 10. (rounded to nearest dollar) What is the bond liability (carrying amount) after the 2nd interest payment

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