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1. A bond issued on January 1, 2018 with a face amount of $5,000 at 5% has a current price quote of 100. Interest is

1. A bond issued on January 1, 2018 with a face amount of $5,000 at 5% has a current price quote of 100. Interest is payable on 7/1 and 1/1. The market rate is 5%. This is a 2 year bond.

What is the amount of the discount or premium? Enter a number value.

2.A bond issued on January 1, 2018 with a face amount of $8,000 at 5% has a current price quote of 103. Interest is payable on 7/1 and 1/1. The market rate is 4%. This is a 2 year bond.

What is the amount of discount or premium amortized on 7/1? Enter a number value.

3.A bond issued on January 1, 2018 with a face amount of $3,000 at 5% has a current price quote of 102. Interest is payable on 7/1 and 1/1. The market rate is 4%. This is a 2-year bond.

What is the interest expense amount on 7/1? Enter a number value.

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