D-12 i Saved Help Save & Exit Submi On January 1 of Year 1, Congo Express Airways issued $3,100,000 of 8% bonds that pay interest semiannually on January 1 and July 1. The bond issue price is $2,850,000 and the market rate of interest for similar bonds is 9%. The bond premium or discount is being amortized at a rate of $8,333 every six months. After < Prev 15 of 40 Next $ " 54 5 st % A 6 & 7 DOLL D Pyo PgDn End 4 ( Y 1 + Backspace Lock B 9 o A R T Y D 1 O P F G H V B . 7 K L N M Alt Ctri B 7 1 " Enter 40 B B 5T LC 6 Shift 1 2 F