Chris Company recent seved 850.00 (the valve) bonds to finance a new construction project. The company'schiel Page 1237 acountant prepared the following bond amortization schedule. Date Interest Expense Semlamual Payment Premium Amortization Net Jabilly 71/2001 $540554 12,30/2001 S21622 $25.00 $3391) 53016 6/3/2002 21437 2.100 350) 12/30/2012 21.341 25.000 6/20/2016 21.30 3.000 0.000 506.210 12/30/2003 21041 15.000 522253 6/9/2014 20,89 25.000 (410) 58.48 12/31/2014 235.000 14214 6/3/2005 20555 2.000 12/30/2003 20371 504,8% 200194 25.000 50000 Required: 1. Compete the disoltor penint on the sle of the bonds the senional coupe interesting and the seniangal ferie inerentiate. 2. The company's ice president of finance rats any discount for premium) at istance of the bonds to be recorded intelistely as a loss (or gain) at the liste dire. Do you neste with this approachWy or why nu! 3.On December 31, 2013 the bonds net crying watels Si22.8. In present value terms, what does this amount represent! 4. Suppose that made interest rates were dil semiansul on luuary 1, MX4, o 12.9% anually. (This 12.9% anual tate of interest is equal to the 6 senantial toe, ontpondet: 01236 106 1.06) - 100. What is the boad's market price on that dateIs the company better or worse off because of the interest rate change! Explain