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I need help on all of these. QUESTION 11 A company issues bonds with a par value of $10,000,000 on January 1, 2013. The bonds

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QUESTION 11 A company issues bonds with a par value of $10,000,000 on January 1, 2013. The bonds have an annual coupon rate of 5%, pay interest semi-annually, and will mature in 5 years. If the market rate of interest on the bonds is 6% per year, then what are the cash proceeds from issuing the bonds [Note: the company uses the effective interest method of amortization.] a $10,000,000 b. 59,637,466 C. $9,578,764 d. $9,573,490 QUESTION 12 A company issues bonds with a par value of $10.000.000 on lanuary 1, 2013. The bonds have an annual coupon rate of 5%. Day interest semi-annually, and will mature in 5 vears. If the market rate of interest on the bonds is 6% per year, then what is the interest expense that the company will report for the year ending December 31, 2015? (Note: the company uses the effective interest method of amortization.] a $250,000 b. $291,874 O c. 5585,005 d. 5583,962 QUESTION 13 A company issues bonds with a par value of $10,000,000 on lanuary 1, 2013. The bonds have an annual coupon rate of 5%, pay interest semi-annually, and will mature in 5 vears. If the market rate of interest on the bonds is 6% per year, then what is the carrying amount of the bonds on December 31, 2015? (Note: the company uses the effective interest method of amortization.] a. $9.729,140 b. $9,688,486 c. $9,649,015 d. 59,610,695

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