Question: On January 1 , 2 0 2 4 , Lakeside Amusement Park issues $ 8 4 0 , 0 0 0 of 6 % bonds,

On January

1, 2024,

Lakeside Amusement Park issues $

840, 000

6 %

bonds, due in

20

years, with interest payable semiannually on

June

30

and December

31

each year.

Assume that the market interest rate is

6 %

and the bonds issue at face amount.

Required:

1

.

Calculate the issue price of a bond.

1

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

Assume that the market interest rate is

7 %

and the bonds issue at a discount.

2

.

Calculate the issue price of a bond.

2

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

Assume that the market interest rate is

5 %

and the bonds issue at a premium.

3

.

Calculate the issue price of a bond.

3

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

Complete this question by entering your answers in the tabs below.

Calculate the issue price of a bond.On January

1, 2024,

Lakeside Amusement Park issues $

840, 000

6 %

bonds, due in

20

years, with interest payable semiannually on June

30

and December

31

each year.

Assume that the market interest rate is

6 %

and the bonds issue at face amount.

Required:

1

.

Calculate the issue price of a bond.

1

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

Assume that the market interest rate is

7 %

and the bonds issue at a discount.

2

.

Calculate the issue price of a bond.

2

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

Assume that the market interest rate is

5 %

and the bonds issue at a premium.

3

.

Calculate the issue price of a bond.

3

.

Complete the first three rows of an amortization schedule.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1)

On January 1,2024, Lakeside Amusement Park issues $840,000 of 6% bonds,

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