Enviro company issues 12.50%, 10 year bond with a par value of $470,000 and semi annual interest payments. On the issue date, but anyone market rate for these bonds is 9.5% which implies a selling price of 128.875. The straight-line method is used to allocate interest expense. 1. using the implied selling price of 128.875 what are the issues cash proceeds from issuance of the 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?

Enviro Company issues 12.50%, 10-year bonds with a par value of $470,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9.50%, which implies a selling price of 128.875. The straightline method is used to allocate interest expense. 1. Using the implied selling price of 128.875, 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 128.875. what are the issuer's cash proceeds from Issuance of these bonds? Cash proceeds Regulad Required 2 > Enviro Company issues 12.50%, 10-year bonds with a par value of $470,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9,50%, which implies a selling price of 128.875. The straight-line method is used to allocate Interest expense. 1. Using the implied selling price of 128.875, 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? es Complete this question by entering your answers in the tabs below. Required 1 Rquired 2 12 Required 3 What total amount of bond interest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Life of Bonds: Amount repaid payments of Par value at maturity Total repayments Less amount borrowed from part 1) Total bond interest expense Required 1 Required 3 > Enviro Company issues 12.50%, 10-year bonds with a par value of $470,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9.50%, which implies a selling price of 128.875. The straight-line method is used to allocate interest expense. 1. Using the implied selling price of 128.875. 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 Requirka 3 What is the amount of bond interest expense recorded on the first interest payment date? Bond interest expense