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DOW Hartford Research Issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $24,000 par value

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DOW Hartford Research Issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $24,000 par value and an annual contract rate of 8%, and they mature in 10 years. (Table B1. Toble 8.2. Table 8.3. and Toble B4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each separate situation 1. The market rate at the date of issuance is 6% (a) Complete the below table to determine the bonds Issue price on January 1 (6) Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 8% (a) Complete the below table to determine the bonds' Issue price on January 1 (b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds issue price on January 1. (b) Prepare the journal entry to record their issuance int rances

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