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Enviro Company issues 11.00% 10 year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the annual market rate

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Enviro Company issues 11.00% 10 year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8.00%, which implies a selling price of 128125. The straight line method is used to allocate Interest expense 1. Using the implied selling price of 128.125, what are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the implied selling price of 128.125. what are the issuer's cash proceeds from issuance of these bonds? Cash proceed Required 2 > Enviro Company issues tt00% 10 year bonds with a par value of $440,000 and semiannual interest payments on the sun date, the annual market rate for these bonds is 8.00%, which mplies a selling price of 128125 The straight line method is used to allocate interest expense 1. Using the implied selling price of 128.125 what are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. Required 1 relatired 2 Required) what total amount of bond interest expense will be recognized over the life of these bonds? Total Bond eest Expense Over Lito of Blonde Amount repaid payments of Par value at maturity Total repayments Less amount borrowed (from part 1) Total bond interest expense net Sub Enviro Company issues 1100%, 10 year bonds with a par value of $440,000 and semiannual interest payments on the issue date, the annual market rate for these bonds is 8.00%, which implies a selling price of 128.125. The straight line method used to allocate interest expense 1. Using the implied selling price of 128125 What are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reguld 3 What is the amount of bond interest expense recorded on the first interest payment dato? Bonn

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