Question: Stanford issues bonds dated January 1 , 2 0 2 1 , with a par value of $ 5 0 0 , 0 0 0
Stanford issues bonds dated January with a par value of $ The bonds' annual contract rate is and interest is paid semiannually on June and December The bonds mature in three years. The annual market rate at the date of issuance is and the bonds are sold for $
tablePar Value,tableContractratetableTermyearstableMarketratetableIssuePricetablePaymentsper year$$
Required:
What is the amount of the discount on these bonds at issuance?
Use cells A to L from the given information to complete this question.
Discount
How much total bond interest expense will be recognized over the life of these bonds?
Use cells A to L from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values.
tableTotal Bond Interest Expense Over Life of Bonds:Amount repaid:Par value at maturityTotal repaidLess amount borrowedTotal bond interest expense
Prepare an effective interest amortization table for these bonds.
Use cells A to L from the given information to complete this question.
tabletableSemiannualInterestPeriodEndtableCash InterestPaidtableBond InterestExpensetableDiscountAmortizationtableUnamortizedDiscount Kindly please do it correctly as no one did it and do it with all the calculations Specifically the last part how to calculate!
I would really appreciate who so ever gonna do this for me
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