What is the amount of premium amortized on the 12/31/20X1 interest payment date? Enter the amount as a positive number with no symbols.

What is the amount of unrealized holding gains or losses run through Net Income on 12/31/20X1? Enter the amount as a positive number for unrealized holding gains, negative number for unrealized holding losses, or zero for neither an unrealized holding gain or loss through Net Income. Do not use any symbols.

 

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USE THE FOLLOWING INFORMATION FOR QUESTIONS #8 and #9 Price of Bonds Purchased at Issuance Face Value of the Bonds Stated Interest Rate Market Interest Rate at the Purchase Date of the Bonds Market Interest Rate at 12/31/20X1 Present Value of $1 at i = 4.00% and n = Present Value of $1 at i = 2.00% and n = $ $ 5.00% 3.00% 4.00% 0.96154 0.96117 0.96154 Present Value of an Ordinary Annuity of $1 at i = 4.00% and n = 1. Present Value of an Ordinary Annuity of $1 at i = 2.00% and n = 2. 1.94156 Assume the Bond was bought on January 1, 20X1 and pays interest semi-annually for 2 years Assume we have classified this investment as: Available for Sale 1. LA 2. 519,270 500,000 USE THE FOLLOWING INFORMATION FOR QUESTIONS #8 and #9 Price of Bonds Purchased at Issuance Face Value of the Bonds Stated Interest Rate Market Interest Rate at the Purchase Date of the Bonds Market Interest Rate at 12/31/20X1 Present Value of $1 at i = 4.00% and n = Present Value of $1 at i = 2.00% and n = $ $ 5.00% 3.00% 4.00% 0.96154 0.96117 0.96154 Present Value of an Ordinary Annuity of $1 at i = 4.00% and n = 1. Present Value of an Ordinary Annuity of $1 at i = 2.00% and n = 2. 1.94156 Assume the Bond was bought on January 1, 20X1 and pays interest semi-annually for 2 years Assume we have classified this investment as: Available for Sale 1. LA 2. 519,270 500,000

Answer rating: 100% (QA)

Calculation of the annual interest payment on the bond Annual Interest Payment Face Value Stated Int... View the full answer