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Citywide Company issues bonds with a par value of $79.000 on their stated issue date. The bonds mature in seven years and pay 12% annual

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Citywide Company issues bonds with a par value of $79.000 on their stated issue date. The bonds mature in seven years and pay 12% annual interest in semiannual payments on the issue date, the annual market rate for the bonds is 10%. Table 8.1. Table 82. Table 8.3 and Table B.4) (Use appropriate factor(s) from the tables provided.) 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 select whether the bonds are issued at par, at 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 Complete this question by entering your answers in the tabs below. RG 1 to 3 Reg4 Reqs What is the amount of each semiannual interest payment for these bonds How many semiannual interest payments will be made on these bonds over their life? Use the interest rates given to select whether the bands are issued at par, at a discount or at a premium Par (maturity) value Saniannual Rate Semiannual cash interest payment Number of payments Whether the bonds are used at pat at a discount arata per Reg 4 > Citywide Company issues bonds with a par value of $79.000 on their stated issue dote The bonds mature in seven years and pay 12% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10% cable B.1. Table 8.2. Table 8.3 and Table 8.4) (Use appropriate factor(s) from the tables provided.) 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 select whether the bonds are issued at por, at a discount, or at a premium 4. Compute the price of the bonds as of the issue date 5. Prepare the journal entry to record the bonds issuance Complete this question by entering your answers in the tabs below. What is the amount of each semuannual trest payment for these bonds How many trest payments will be made on these bonds over the Use the interest rates given to select whether the bonds are sued at a discount, ortam PM mature Cemiannual Seminar cash Read >

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