#1 - On 2012-01-01, ABC issued 4.6% bonds, with a face amount of 10000. Bonds mature on 2019-01-01. Effective yield for the bonds is 7%. Interest is paid semiannually on Jan and Jul 1. Use the straight line method to amortize any discount or premium for the bond. Calculate the carrying values of the bond on the following dates: 01/01/2012, 07/01/2012, 01/01/2013, 07/01/2013, 01/01/2014

#2- On 2012-05-01, ABC issued 8% bonds, with a face amount of 10000. The bonds mature on 2018-05-01. The effective interest rate for similar bonds is 4%. Interest is paid semiannually on May and Nov 1. The price of the bond was: