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For 4-6 use the following: The company issues 6% 5 year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market

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For 4-6 use the following: The company issues 6% 5 year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 6.2%. n % PV$1 PVA 5 6 .00% 0.74726 14.2124 5 6.20% 0.74025 4.1895 10 3.00% 0.74409 8.5302 10 3.10% 0.73691 8.4868 4. What is the issue price of the bond? $ 5. What is the interest expense for the first interest payment? $ 6. What is the bond liability after the first interest payment? $

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