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B 0.54.27 Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and December 31. Portions of

B 0.54.27 Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. (1) Date (2) Cash Paid for Interest (3) Interest (4) Decrease in Carrying (5) Carrying Expense Value 1/1/2024 Value $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 65,171,800 12/31/2024 1,740,000 1,629,295 110,705 65,061,095 Required: 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6. Were the bonds issued at face amount, a discount, or a premium? Were the bonds issued at face amount, a discount, or a premium? Required 1 Required 2 > 0:54:12 Mc Saved Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and December: the bond amortization schedule appear below: (1) Date (2) Cash Paid for Interest (3) Interest (4) Decrease in Carrying (5) Carrying Expense Value Value 1/1/2024 $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 65,171,800 12/31/2024 1,740,000 1,629,295 110,705 Required: 65,061,095 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the original issue price of the bonds? (Enter your answer in whole dollars, not millions (l.e., $5.5 million should be entered as 5,500,000).) Issue price $4:05 Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and the bond amortization schedule appear below: (1) Date (2) Cash Paid for Interest (3) Interest (4) Decrease in Carrying (5) Carrying Expense Value Value 1/1/2024 $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 65,171,800 12/31/2024 1,740,000 1,629,295 110,705 65,061,095 Required: 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the face amount of the bonds? (Enter your answer in whole dollars, not millions (i.e., $5.5 million should be er as 5,500,000).) Face amount 3:54 Saved Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 3 the bond amortization schedule appear below: (1) Date (2) Cash Paid for Interest (3) Interest (4) Decrease in Carrying (5) Carrying Expense Value Value 1/1/2024 $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 12/31/2024 1,740,000 1,629,295 110,705 65,171,800 65,061,095 Required: 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the stated annual interest rate? Stated annual interest rate % < Required 3 Required 5 > 5 Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: (1) Datel (2) Cash Paid for Interest (3) Interest Expense (4) Decrease in Carrying (5) Carrying Value 1/1/2024 Value $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 65,171,800 12/31/2024 1,740,000 1,629,295 110,705 Required: 65,061,095 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the market annual interest rate? (Round your answer to the nearest whole percent.) Market annual interest rate % Saved Help 8 Astro World issues $58 million in bonds on January 1, 2024, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. 0 oints 03 (1) (2) Cash Paid for (3) Interest (4) Decrease in Carrying (5) Carrying Date Interest Expense Value Value 1/1/2024 $65,279,805 6/30/2024 $1,740,000 $1,631,995 $108,005 65,171,800 12/31/2024 1,740,000 1,629,295 110,705) 65,061,095 Required: 00:53:31 1. Were the bonds issued at face amount, a discount, or a premium? 2. What is the original issue price of the bonds? 3. What is the face amount of the bonds? 4. What is the stated annual interest rate? 5. What is the market annual interest rate? 6. What is the total cash paid for interest assuming the bonds mature in 20 years? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 What is the total cash paid for interest assuming the bonds mature in 20 years? (Enter your answer in dollars, not millions. Le, $5.5 million should be entered as 5,500,000.) Total cash interest

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