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Determining Bond Features and Selling Price On January 1, 2020, the following debt was authorized and issued by Anderson Company. 1.590,000, 8-year, 10% convertible bonds
Determining Bond Features and Selling Price On January 1, 2020, the following debt was authorized and issued by Anderson Company. 1.590,000, 8-year, 10% convertible bonds payable, cash interest payable semiannually to yield 11%. 2. $18,000, 8-year, 8% note payable, cash interest payable semiannually to yield 7.5%. 3. 554.000, 10-year, zero-interest-bearing bonds to yield 9% annually. Required Complete the following table related to the three debt issuances. Note: Enter the percentages rounded to two digits after the decimal: enter 2.04 for 2.044% or 2.05 for 2.045%. Note: Round dollar amounts to the nearest dollar. 1 2 3 $ OS 09 $ For each debt, indicate the following: a. Face value b. Suatedrale per interest period. c. Slated interest amount per interest period d. Market rate per interest period. e. Number of interest periods over life of the bonds. 1. Selling price 8. Maturity date h. Authorization date. 0 046 0 096 0 OS 0 % 0 OS 09 $ 0 0$ . . Check
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