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Part $1$

Determine whether the following bonds payable will be issued at face$$ value, at a$$ premium, or at a$$ discount:

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Part $1$

$3.$

A$10\%$ bonds payable is issued when the market interest rate is$8\%.$

$$

$$

Discount

Face value

Premium

$4.$

A$10\%$ bonds payable is issued when the market interest rate is$10\%.$

$$

$$

Discount

Face value

Premium

$5.$

A$10\%$ bonds payable is issued when the market interest rate is$12\%.$

$$

$$