12B-31 (similar to) Question Help Review the o ther bonds w the con to view the bond as sumptions) Jua n ce of the band and the first manual or payment under each of the three assumption. The company amortize bond premium and discount by elective Reconditions, the credits Exclude explanations from anyon Round your own to the rest who do ) m o nth Explanations an d More Info Seven-year bonds payable with face value of $83,000 and stated interest rate of 12%, paid semiannually. The market rate of interest is 12% at issuance. The present value of the bonds at issuance is $83,000. Same bonds payable as in assumption 1, but the market interest rate is 14%. The present value of the bonds at issuance is $75,754. Same bonds payable as in assumption 1, but the market interest rate is 10%. The present value of the bonds at issuance is $91,212