Question: On June 3 0 , 2 0 2 1 , the market interest rate is 4 % . Score Corporation issues $ 5 0 0

On June 30,2021, the market interest rate is 4%. Score Corporation issues $500,000 of 7%,30-year bonds payable. The bonds pay interest on June 30 and December 31. The company amortizes bond premium using the effective-interest method.
Read the requirements.
Requirement 1. Use the PV function in Excel to calculate the issue price of the bonds. (Round your answer to the nearest whole dollar.)
The issue price of the bonds is
Requirement 2. Prepare an amortization table for the first four semiannual interest periods.
Enter the issue date information, then complete the table for each of the following semiannual interest periods. (Round your answers to the nearest whole dollar.)
On June 30,2021, the market interest rate is 4%. Score Corporation

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