Question: Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $28.000 par value and


Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $28.000 par value and an annual contract rate of 10%, and they mature in 10 years. Table B1. Table B.2. Table 3.3. and Table B4) (Use appropriate factors) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each separate situation 1. The market rate at the date of issuance is 8%. (a) Complete the below table to determine the bonds' issue price on January 1 (b) Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' issue price on January 1 (b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 129 (a) Complete the below table to determine the bonds'issue price on January 1. (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 3A Required 38 Complete the below table to determine the bonds' issue price on January 1 If the market rate at the date of issuance is 8%. Table values are based on n= 20 Cash Flow Amount Present Value T able Value 28.000.0000 Par (maturity value Price of bonds Required 1B > Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $28,000 par value and an annual contract rate of 10%, and they mature in 10 years. Table B.1. Table B. 2. Table B. 3. and Table 3.4 (Use appropriate factors) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values In calculations.) Required: Consider each separate situation 1. The market rate at the date of issuance is 8%. a) Complete the below table to determine the bonds' issue price on January 1 b) Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' Issue price on January 1 (b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 12% (1) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Required 1A Required 1B R red 2A Required 2B Required 3A Required 38 Complete the below table to determine the bonds' issue price on January 1 if the market rate at the date of issuance is 10%. Table values are based on: Che Table Value Amount Present Value Par (maturity value Interest annuity) Price of bonds Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31 The bonds have a $28.000 per value and an annual contract rate of 10, and they mature in 10 years, Cable 1. Table B2 Table 33 and Table 3.4 (Use appropriate factors from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations Required Consider each separate tuation 1. The market rate at the date of issuance is 8% al Complete the below table to determine the bonds Issue price on January 1 Prepare the journal entry to record their issuance 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' issue price on January L bi Prepare the journal entry to record their issuance 3. The market rate at the date of issuance is 12 (a) Complete the below table to determine the bondis'issue price on January by Prepare the journal entry to record their issuance Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required A Required 38 Complete the below table to determine the bonds'issue price on Janday if the market rate at the date of issuance is 125 (Reed 23 Required 38 >
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