Question: BOND PRICING #2 This was 25 points total on the exam and split into 3 questions. You should know how you did on this from

BOND PRICING #2 This was 25 points total on the exam and "split" into 3 questions. You should know how you did on this from the Canvas results. Pumpkin Pie, Inc issues a bond on January 1, 2020 with a face value of $1,000,000. The bonds have a term of 8 years and require SEMI ANNUAL interest payments. The stated interest rate of the bonds is 8% and the market interest rate is 6%. ** Required ** a) Complete the journal entry at issuance b) Complete the journal entry made with each semi annual interest payment c) Show the balance sheet presentation of this bond after the 1st interest payment

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