Hartford Research issues bonds dated January $1$ that pay interest semiannually on June $30$ and December $31.$ The bonds have a $$39,000$ par value and an annual contract rate of $8\%,$ and they mature in $10$ years. $($Table B$\mathrm{.}1,$ Table B$\mathrm{.}2,$ Table B$\mathrm{.}3,$ and Table B$\mathrm{.}4)$ Note: Use appropriate factor$($s$)$ from the tables provided. Round all table values to $4$ decimal places, and use the rounded table values in calculations.

Required:

Consider each separate situation.

The market rate at the date of issuance is $6\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

The market rate at the date of issuance is $8\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

The market rate at the date of issuance is $10\%.$

$($a$)$ Complete the below table to determine the bonds' issue price on January $1.$

$($b$)$ Prepare the journal entry to record their issuance.

Answer is not complete.

Complete this question by entering your answers in the tabs below.

$\backslash$table$[[$Required $1$A$,$Required $2$A$,$Required $2$B$,$Required $3$A$,$Required $3$B$]]$

Complete the below table to determine the bonds' issue price on January $1$ if the market rate at the date issuance is $6\%.$ Note: Round all table values to $4$ decimal places.

$\backslash$table$[[$Table values are based on:$],[n=,3,,],[i=,20\mathrm{.}0\%,,],[$Cash Flow,Table Value,Amount,Present Value$],[$Par $($maturity$)$ value,$39,000\mathrm{.}0000,,],[$Interest $($annuity$)],[$Price of bonds,,,$]]$