Question: Use the following to answer questions 4 - 7 (Round answers to the nearest dollar) TR issues 6.0%, 10-year bonds with a total face amount

Use the following to answer questions 4 - 7 (Round answers to the nearest dollar)

TR issues 6.0%, 10-year bonds with a total face amount of $1,500,000. The market interest rate for bonds of si

Fid

and maturity is 5.9%. 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

Use the following to answer questions 4 - 7 (Round answers to the nearest dollar) TR issues 6,0%, 10-year bonds with a total face amount of $1,500,000. The market interest rate for bonds of similar risk and maturity is 5.9% 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). (rounded to nearest dollar). What is the issue price of the bond? vi S (rounded to nearest dollar). When the company records the first interest payment, how much the record for interest company will expense? 6. (rounded to nearest dollar). What is the bond liability (carrying amount) after the first interest payment? (rounded to nearest dollar). When the company records the second interest payment, bow much will the company record for interest expense

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