for requirement 1: all parts a, b, and c have the answer options of discount price, face value, or premium price.

all other information is present. thank you!!

Havens Company is planning to issue $530,000 of 5%, 15 year bonds payable to borrow for a major expansion. The owner, Shane Havens, asks your advice on some related matters Read the requirements Requirement 1. Answer the following questions a. At what type of bond price will Havens Company have total interest expense equal to the cash interest payments ? b. Under which type of bond price will Havens Company's total interest expense be greater than the cash interest payments? c. If the market interest rate is 7%, what type of bond price can Havens Company expect for the bonds? Requirement 2. Compute the price of the bonds if the bonds are issued at 90. The price of the $530,000 bond issued at 90 is $ Requirement 3. How much will Havens Company pay in interest each year? How much will Havens Company's interest expense be for the first year? (For this scenario we are assuming that the $530,000 bonds are issued at 90. Further assume that the straight-line method is used.) If the $530,000 bonds are issued at 90, Havens Company will pay $ in interest each year. (Round your answers to the nearest whole dollar.) Assuming that the straight-line method is used, Havens Company's interest expense will be $ for the first year