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Answer all questions Pricing of Bonds and Amortization of Discount Question: ABC Corp issued a 10 year $100,000 Bond with coupon rate of 10% on

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Pricing of Bonds and Amortization of Discount Question: ABC Corp issued a 10 year $100,000 Bond with coupon rate of 10% on January 1, 2010. Interest is paid semi annually on June 30 and January 1. The market interest rate is 12%. Calculate the issue price, make journal entry and prepare amortization schedule, entry to record interest expense for years 2010, 2011 and 2012. Pricing of Bonds and Amortization of Premium Question : XYZ Co. issued a 5 year $100,000 Bond with coupon rate of 10% on January 1, 2010. Interest is paid Quarterly on March 31, June 30, Sept. 30 and December 31. The market interest rate is 8%. Calculate the issue price, make journal entry and prepare amortization schedule, entry to record interest expense for years 2010, 2011 and 2012. Pricing of Bonds and Amortization of Discount Question: ABC Corp issued a 10 year $100,000 Bond with coupon rate of 10% on January 1, 2010. Interest is paid semi annually on June 30 and January 1. The market interest rate is 12%. Calculate the issue price, make journal entry and prepare amortization schedule, entry to record interest expense for years 2010, 2011 and 2012. Pricing of Bonds and Amortization of Premium Question : XYZ Co. issued a 5 year $100,000 Bond with coupon rate of 10% on January 1, 2010. Interest is paid Quarterly on March 31, June 30, Sept. 30 and December 31. The market interest rate is 8%. Calculate the issue price, make journal entry and prepare amortization schedule, entry to record interest expense for years 2010, 2011 and 2012

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