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how to solve for interest annuity Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1that pay

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Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1that pay interest semiannually on June 30 and December 31. The bonds have a $25,000 par value and an annual contract rate of 10% and they mature in 10 years, (Table BI Table B2 Table B , and Table B4 (Use appropriate factoris) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations. Round your "Present Value" answers to the nearest whole dollar amount.) Required: Consider each of the following three separate situations 1. 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. 2. 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. 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds' Issue price on January 1. (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Req1A Req 1B Reg 2A Req 2B Reg 3A Req 38 Complete the below table to determine the bonds' issue price on January 1, if the market rate at the date of issuance is 8%. Table values are based on: 2020 Cash Flow Table Value Amount Present Par (maturity) 0.45645 0 S value 11.410 Interest $ 1.250 16.988 (annuity) Price of bonds $ 28.397 Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $25.000 par value and an annual contract rate of 10%, and they mature in 10 years. (Table B.1, Table B.2. Table B.3, and Table 8.4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations. Round your "Present Value" answers to the nearest whole dollar amount.) Required: Consider each of the following three separate situations. 1. 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. 2. 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. 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds'issue price on January 1. (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2A Req 2B Req 3A Req 3B Complete the below table to determine the bonds' issue price on January 1, if the market rate at the date of issuance is 10%. Table values are based on: 20 5.0% Cash Flow Table Value Par (maturity) value 0.3769 Interest (annuity) Price of bonds Amount $ 25,000 $ 1,250 Present Value $ 9,422 15.577 Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $25,000 par value and an annual contract rate of 10%, and they mature in 10 years. (Table B1, Table B. 2. Table B.3, and Table 8.4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations. Round your "Present Value" answers to the nearest whole dollar amount.) Required: Consider each of the following three separate situations. 1. 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. 2. 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. 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds'issue price on January 1. (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2A Req 2B Req 3A Req 3B Complete the below table to determine the bonds' issue price on January 1, if the market rate at the date of issuance is 12%. Table values are based on: Table Value 0.3118 Par (maturity) value Interest (annuity) Price of bonds Amount $ 25,000 $ 1,250 Present Value $ 7.795 14.337 22,132

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