Coney Island Entertainment issues $1,300,000 of 7% 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:

eztomheducation.com/hm.tpx Worksheet Learning Objective: 09705 Determine the price of a bond issue Difficulty: 2 Medium Learning Objective: 0906 Account for the issuance of bonds. Previous attemp_t 5 value 0 Required Information 312 points You did not receive full credit for this question in a previous attempt 2. The market interest rate is 8% and the bonds issue at a discount. (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.) 01/01/18 __ 12/31/18 References eBook & Resources Worksheet Learning Objective: 0905 Determine the price of a bond issue. Diffinlllfv' 7 Marlillm n 0 Type here to search