Citywide Cormpany issues bonds with a par value of $70,000 on their stated issue date. The bonds mature in eight years and pay 10% annual Interest In semiannual payments. On the issue date, the annual market rate for the bonds Is 8%. Table B1. Iable 82 Table B.3 and Table B 4) (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semlannual Interest payment for these bonds? 2. How many semiannual Interest payments will be made on these bonds over thelr life? 3. Use the Interest rates glven 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 thelr Issue date. 5. Prepare the Journal entry to record the bonds' Issuance Complete this question by entering your answers in the tabs below. Req 1 to 3Req 4 Req 5 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 bonds are issued at par, at a discount, or at a premium. Semiannual Rate Par (maturity) value Number of payments Whether the bonds are issued at par, at a discount or at a premium? Citywide Cormpany issues bonds with a par value of $70,000 on their stated issue date. The bonds mature in eight years and pay 10% annual Interest In semiannual payments. On the issue date, the annual market rate for the bonds Is 8%. Table B1. Iable 82 Table B.3 and Table B 4) (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semlannual Interest payment for these bonds? 2. How many semiannual Interest payments will be made on these bonds over thelr life? 3. Use the Interest rates glven 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 thelr Issue date. 5. Prepare the Journal entry to record the bonds' Issuance Complete this question by entering your answers in the tabs below. Req 1 to 3Req 4 Req 5 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 bonds are issued at par, at a discount, or at a premium. Semiannual Rate Par (maturity) value Number of payments Whether the bonds are issued at par, at a discount or at a premium