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Compute the selling price of 8%, 10-year bonds with a par value of $270,000 and semiannual interest payments. The annual market rate for these bonds

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Compute the selling price of 8%, 10-year bonds with a par value of $270,000 and semiannual interest payments. The annual market rate for these bonds is 10%. Use present value Table B.1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) Cash Flow Table Value Present Value $270.000 par maturity) value $10,800 interest payment Price of Bond Bringham Company issues bonds with a par value of $600,000. The bonds mature in 10 years and pay 6% annual interest in semiannual payments. The annual market rate for the bonds is 8%. (Table B.1. Table B 2. Table B. 3. and Table 8.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the price of the bonds as of their issue date. (Round all table values to 4 decimal places, and use the rounded table values in calculations. Round intermediate calculations to the nearest dollar amount.) Table Values are Based on: Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds repare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dolla View transaction list Journal entry worksheet Record the issuance of the bonds for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit

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