Question: Check my work Quatro Co. issues bonds dated January 1, 2019, with a par value of $890,000. The bonds' annual contract rate is 12%, and

 Check my work Quatro Co. issues bonds dated January 1, 2019,

Check my work Quatro Co. issues bonds dated January 1, 2019, with a par value of $890,000. The bonds' annual contract rate is 12%, 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 10%, and the bonds are sold for $935,160. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bonhinterest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Life of Bonds: Amount repaid 20 payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense 0 04:24 PM 07/19/20 O i W here to search Gap end home poon og up prt sc delete 110 14 11

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