Question: Connect Problems Help Save &Exit Submit Check my work Hartford Research issues bonds dated January 1, 201m2,that pay interest semilannually on June 30 and December
Connect Problems Help Save &Exit Submit Check my work Hartford Research issues bonds dated January 1, 201m2,that pay interest semilannually on June 30 and December 31. The bonds have a $36.000 par value and an annual contract rate of 12%, and they mature in 10 years. CableBI. Tablea2 Iti appropriate factorls) from the tables provided. Round all table values to 4 decimal places, calculations and TableR4) (Use and use the rounded table values in Required: Consider each of the following three separate situations The market rate at the date of issuance is 0% (a) Complete the below table to determine the bonds' issue price on January 1,.2017 (b) Prepare the journal entry to record their issuance. 2.The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds' issue price on January 1,2017 o) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 14% (a) Complete the below table to determine the bonds issue price on January 1, 2017 t) Prepare the journal entry topecord their issuance Complete this question by entering your answers in the tabs below. Required IA Required 18 Required 2A Required 28 Requred 3A Required 38 Complete the below table to determine the bonds issue price on January 1, 2017, if the market rate at the date of issuance is 80 8 5 0
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