M06 Ch 10 Homework 6 Saved Stanford Issues bonds dated January 1, 2017, with a par value of $256.000. 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 $243,421 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. points 8 01:35:26 Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 What is the amount of the discount on these bonds at issuance? Discount Required 2 > MU6 Ch 10 Homework i Saved Stanford issues bonds dated January 1, 2017, with a par value of $256,000. 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 $243,421. 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. points % 01:35:07 Complete this question by entering your answers in the tabs below. eBook Required 1 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Life of Bonds: Amount repaid payments of Par value at maturity Total repsid Less amount borrowed Total bond interest expense Stanford Issues bonds dated January 1, 2017, with a par value of $256,000. The bonds' annual contract rate is 10%, and Interest is pald 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 $243.421 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 points (% 01:34:49 Complete this question by entering your answers in the tabs below. Book 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.) Semiannual Interest Period-End Cash Interest Bond Interest Paid Expense Discount Amortization Unamortized Discount Carrying Value 01/01/2017 06/30/2017 12/31/2017 06/30/2018 12/31/2018 06/30/2010 12/31/2012 Total