Question: points eBook Stanford issues bonds dated January 1 , 2 0 2 1 , with a par value bf $ 2 5 0 , 0

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Stanford issues bonds dated January 1,2021, with a par value bf $250,000. The borids . inual contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three Hint years. The annual market rate at the cate oi issuance is 12%, and the bends are sold for $231,570.
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What is the amount of the discount on these bonds at issuence?
How much total bond interest expense will be recognized over the life of these bonds?
Prepare an effective interest amortization table for these bonds.
points eBook Stanford issues bonds dated January 1,2021, with a par

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