Question: tonnect Chapter 14 Homework 5 Exercise 14-8A Computing bond interest and price; recording bond issuance LO C2, P3 Ctywide Company issues bonds with a paw
tonnect Chapter 14 Homework 5 Exercise 14-8A Computing bond interest and price; recording bond issuance LO C2, P3 Ctywide Company issues bonds with a paw value of $72.000 on ther stated issue date. The bonds annual interest in semiannual 125 mature in ten years and pay " payrrents. On the ssue date, te anal market rate the bonds K 10% Oablen LeeB2 Tete B 3 and Table B4) (Use appropriete factorte)from the tebles provided.) 1. What is the amount of each semiannual ineerest payment for these bonds? 2. How many semiannual interest payments will be made on 3. Use the interest rates given 4. Compute the price of the bonds as of their issue date 5. Prepare the journal entry to record the bonds' issuance i these bonds over ther life? to select whether the bonds are issued at par, at a discount, or at a premium Complete this question by entering your answers in the tabs below Req 1 to 3 Reg amount of each semiannual interest payment for these bonds? over thheir ? Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium of payments are issued par Req 4 Prev se, 8lli
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