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1,2, and 3 Journal entries please explanation 1. What is the present value of a 6%,$100,000 Bond, semi-annual pmts, 10 years, Market rate is 8%

1,2, and 3 Journal entries please explanation
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1. What is the present value of a 6%,$100,000 Bond, semi-annual pmts, 10 years, Market rate is 8% per year (4%1/2 year); 20 periods, $3000 payments, $100000 Face value IN EXCEL: 1 step PV (present value) Rate (interest \%) Nper (\# periods) PMT (annuity pmt) FV (Future Value) 1 Rarand th.. 86409=0.08=8912T12=5762=1152

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