1 Is sued $100,000,6% semi-annual, 10 year bonds. Effective rate is 7%. @92.893\% 2 Paid $10,000 for bond issue costs. 3 Amortized the bond issue costs over 20 semi-annual periods 4 Recorded the first semi-annual interest payment. 5 Issued $100,000,8% semi-annual, 10 year bonds. Effective rate is 7%. a 107.106\% 6 Paid 3,000 for bond issue costs. 7 Amortized the $3,000 bond issue costs over 20 periods. 8 Recorded the first semi-annual interest payment