Question: HOW DO I DO THIS? Stanford issues bonds dated January 1, 2017, with a par value of $244.000. The bonds annual contract rate is 10%,

HOW DO I DO THIS? Stanford issues bonds dated January 1, 2017,with a par value of $244.000. The bonds annual contract rate is10%, and interest is pald semiannualy on June 30 and December 31,HOW DO I DO THIS?

Stanford issues bonds dated January 1, 2017, with a par value of $244.000. The bonds annual contract rate is 10%, and interest is pald semiannualy on June 30 and December 31, The bonds mature in three years. The annual market rate at the date of issuance is 12%. and the bonds are sold ton $232,011 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table using the effective interest method to amortize the discount for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the discount on these bonds at issuance? Wiscoun $ 11,989 Required 2 > anford issues Bonds dete e of $244 pod the bonds' appobl contract rate is 10%, and Interest is pald en annually Jane 39 and be be the bonds nature three years. The annual market rate at the date of issuance is 12%, ad the bons are sold for $232.01 What is the anunto the distort on these bonds a uance? How much total bond interest expense will be recognized over the le of these bonds? Prepare an amortation table using the effective interest method to amortize the discount for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bond interest expense will be recognized aver the life of these bonits? Total Bond Interest Expense Over Life of Bonds: Amount repald payments of $ 12200 Par value at maturity Total repaid Less amount borrowed Total bond interest expense (Required 1 Required 3 > omework Stanford issues bonds dated January 1, 2017 with a par value of $244,000. The bonds' annual contract rate is 10%, 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 12%, and the bonds are sold for $232.011 1. What is the amount of the discount on these bonds at issuance? 2 How much total bond Interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table using the effective interest method to amortize the discount for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an amortization table using the effective interest method to amortize the discount for these bonds. (Round all amounts to the nearest whole dollar.) Semuannual Interest Peribd End Cash Interest Paid Bond Interest Expense Discount Amortization Unamortized Discount Carrying Value 01/01/2017 06/30/2017 12/31/2017 06/30/2018 12/31/2018 06/30/2019 12/31/2019 Total (Required 2

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