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Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the

Christmas Anytime issues $740,000 of 6% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:

1. The market interest rate is 6% and the bonds issue at face amount.

2. The market interest rate is 7% and the bonds issue at a discount.

3. The market interest rate is 5% and the bonds issue at a premium.

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Christmas Anytime issues $740.000 of 6% bonds. due in 15 years. with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when Required 1. The market interest rate is 6% and the bonds issue at face amount. (FV of $1, PV of $1 FVA of $1, and PVA of Use appropriate factor(s) from the tables provided. Do not round interest rate factors.) ssue price Date Interest increase in Cash Paid Expense carrying value Carrying Value 01/01/18 06/30/18 12/31/18 2. The market interest rate is 7% and the bonds issue at a discoun (EN of $1, PV of $1, EMA of S1, and PVA o S1) Use appropriate factor(s) from the tables provided. Do not round interest rate factors ssue price Carrying Interest increase in Date Cash Paid Carrying Value Expense Value 01/01/18 06/30/18 12/31/18 3. The market interest rate is 5% and the bonds issue at a premium. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Use appropriate factor(s) from the tables provided. Do not round interest rate factors.) Issue price Cash Paid Interest Expense Decrease in Carrying Value Carrying 01/01/18 06/30/18 12/31/18

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