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Hartford Research issues bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. The bonds have a $22.000 par value

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Hartford Research issues bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. The bonds have a $22.000 par value and an annual contract rate of 12 %, and they mature in 10 years. (Table B1 Table B.2. Table B.3, and Table B.4) (Use appropriate factorfe) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each of the following three separate situations. 1. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' issue price on January 1, 2017 (b) Prepare the journal entry to record their issuance.. 2. The market rate at the date of issuance is 12 % (a) Complete the below table to determine the bonds' issue price on January 1, 2017 (b) Prepare the journal entry to record their issuance 3. The market rate at the dete of issuance is 14 % (a) Complete the below toble to determine the bonds' issue price on January 1, 2017 (b) Prepare the journal entry to record their issuance Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Required 3A Required 3B Complete the below table to determine the bonds' issue price on January 1, 2017, if the market rate at the date of issuance is 10%. Table values are based on: n= i- Cash Flow Present Value Table Value Amount Par (maturity) value 1,320.0000 Interest (annuity) Price of bonds (Required 1/A Required 1B > Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 10%. View transaction list Journal entry worksheet Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 12%. View transaction list Journal entry worksheet

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