a.) The market interest rate is 5% and the bonds issue at face amount. b.)The market interest rate is 6% and the bonds issue at a discount. c.) The market interest rate is 4% and the bonds issue at a premium.

[The following information applies to the questions displayed below.] Christmas Anytime issues $660,000 of 5% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year Calculate the issue price of a bond and complete the first three rows of an amortization schedule when