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Having trouble with these questions CH14: HW Help Save & Exit Submit Check my work QS 14-7 Straight-Line: Discount bond computations LO P2 4.54 points

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CH14: HW Help Save & Exit Submit Check my work QS 14-7 Straight-Line: Discount bond computations LO P2 4.54 points Enviro Company issues 8%, 10-year bonds with a par value of $290,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. The straight-line method is used to allocate interest expense. Skipped 1. Using the implied selling price of 87, 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? eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Using the implied selling price of 87 %, what are the issuer's cash proceeds from issuance of these bonds? 1 az oo Cash proceeds Print Required 2 > References Check my work 7 QS 14-7 Straight-Line: Discount bond computations LO P2 4.54 points Enviro Company issues 8%, 10-year bonds with a par value of $290,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. The straight-line method is used to allocate interest expense. Skipped 1. Using the implied selling price of 87 %, 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? eBook Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 References Check my work QS 14-7 Straight-Line: Discount bond computations LO P2 454 points Enviro Company issues 8%, 10-year bonds with a par value of $290,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. The straight-line method is used to allocate interest expense. Skipped 1. Using the implied selling price of 87 , 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? ollook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 CE What is the amount of bond interest expense recorded on the first interest payment date? Bond Interest expense Print

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