ABC issues bonds to help pay for a new acquisition. The face value of the bonds being issued is $$150,000.$ The bonds will be repaid in $10$ years. The coupon rate on the bonds is $8\%.$ The bonds pay interest semi$-$annually. Question $1$ If the market rate at the time of issuance was $6\%,$ how much interest will be paid to bondholders every six $(6)$ months?

Question $2$

If the market rate at the time of issuance was $6\%,$ how much will ABC pay to bondholders over the life of the bonds

Question $3$

If the market rate at the time of issuance was $6\%,$ how much interest $($total proceeds$)$ will ABC receive upon issuance of the bonds?

Question $4$

If the market rate at the time of issuance was $8\%,$ how much interest $($total proceeds$)$ will ABC receive upon issuance of the bonds?

Question $5$

If the market rate at the time of issuance was $10\%,$ how much interest $($total proceeds$)$ will ABC receive upon issuance of the bonds?

Question $6$

If the market rate at the time of issuance was $6\%,$ what will be the bond premium recognized upon issuance of the bonds?

Question $7$

If the market rate at the time of issuance was $6\%,$ what would be the amount of interest expense if the amortization of the bond premium was $$831$ for the first payment of interest to bondholders?

Question $8$

When the bond is repaid at maturity, what is the total amount of cash paid to bondholders to repay the principle of the bond?

Question $9$

What should be the balance in the bond payable after the bonds are repaid in ten $(10)$ years?

Question $10$

As the market rate continues to increase, what happens to the proceeds ABC will receive given the coupon rate of $8\%?$

Please choose from: Increase, Decrease, Not Change, or Cannot be Determined

Known incorrect answers are as follows, Question $2$: $120000,$ Question $3$: $165000,$ Question $5$: $135000,$ Question $6$: $15000,$ Question $7$: $6831$