The company issues $10\mathrm{.}4\%,10-$year bonds with a total face amount of $$100,000.$ The market interest rate for bonds of similar risk and maturity is $10\mathrm{.}6\%.$ Interest is paid semi$-$annually. $$

$2.$ $$\_\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ What is the issue price of the bond?$$

$3.$ $$\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ What is the amount of the discount?$$

Use the following to answer questions $47($Round answers to the nearest dollar$)$ The company issues $9\mathrm{.}0\%,5-$year bonds with a total face amount of $$500,000.$ The market interest rate for bonds of similar risk and maturity is $8\mathrm{.}8\%.$ Interest is paid semi$-$annually.$$ DO NOT ROUND YOUR ANSWERS UNTIL YOU FULLY COMPLETE THE PROBLEM SET $($input your answers after you$$ve completed the entire problem$).4.$ $$\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ What is the issue price of the bond?$$

$5.$ $$\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ When the company records the first interest payment, how much will the company record for interest expense?$6.$ $$\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ What is the bond liability $($carrying amount$)$ after the first interest payment?$$

$7.$ $$\_\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$).$ When the company records the second interest payment, how much will the company record for interest expense?$$

$16.$ $$\_\_\_\_\_\_\_\_\_\_\_\_\_($rounded to nearest dollar$)$ A ten year bond issue with a face amount of $$100,000$ bears interest at the rate of $9\%.$ The current market rate of interest is $8\mathrm{.}9\%.$ Determine the issue price of this annual bond. $$