Antisdale Co. issues bonds with a par value of $150,000 on their stated issue date. The bonds mature in 5 years and pay 10% annual interest in semiannual payments. On the issue date the annual market rate for the bonds is 8%. 1 What is the amount of each semiannual interest payment for these bonds? 2 How many semiannual interest payments will be made on these bonds over their life? 3 Use the interest rates given to determine whether the bonds are issued at par, a discount, or at a premium. 4 Compute the price of the bonds as of their issue date. 5 Prepare the journal entry to record the bonds' issuance.