date of issuance is 6%. Interest will Dully Inc - Issues $300,000 worth of 7.5% bonds an January 1, 2012, which will mature on December 31, 2003. The market rate on be paid semiannually on June 30 and December 31 a. Will this bond sell at a premium of a discount? How do you know BEFORE calculating the price? b. Will the carrying value increase or decreese over the life of the bond. How do you know BEFORE calculating the price? c. Will the interest expense increase or decrease over the life of the bond. How do you know BEFORE calculating the price? d. Calculate the purchase price of the bonds $ 300,000.00 Face value Stated Rate of Years Pfective interest rate Interest payments Present value of the interest payments Present value of the maturity Price of band Factors PV of $1 PV of OA Before doing any additional journal entry calculations, what will be the total interest expense over the life of the bands? f. Record all journal entries necessary from the date of issue until the maturity date. 1/1x2 6420X2 12/30x2 2/2012 6/30/3 Bonds Payable Caming Value 6/32 12/30/22 6/30/3 12/31/3