B4 X E10-12A . B C D E 1. In each of the following situations, state whether the bonds will sell at a premium or discount 2 3 a 5 6 lb 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 E10-104 EIN12A E10-1 BA P10:26A 0 Tyne here to search Exercise 10-12A Identifying bond premiums and discounts Required In cach of the following situations, state whether the bonds will sell at a premium or discount: 1. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent. b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent. c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments. B4 X F G H E10:13A B C D E 1 For each of the following situations, calculate the amount of bond discount of premium, if any 2 3. Amount Premium/Discount 4a 5 6 7 8 C 9 10 d 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 E10-10A E 10-12A E10 IRA P10-26 Ready Type here to search e nds at the la hent dues Exercise 10-13A Determining the amount of bond premiums and discounts Required For each of the following situations, calculate the amount of bond discount or premium, if any. a. Gray Co. issued $80,000 of 6 percent bonds at 101 V4. b. Bush, Inc., issued $200,000 of 10-year, 6 percent bonds at 97 V. c. Oak, Inc., issued $100,000 of 20-year, 6 percent bonds at 103. d. Willow Co. issued $180,000 of 15-year, 7 percent bonds at 99