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If Jason issued the bonds at a price of 106.5, how much would the premium amortization be on December 31, 2011 under the straight-line method?

If Jason issued the bonds at a price of 106.5, how much would the premium amortization be on December 31, 2011 under the straight-line method?

How much cash interest would be paid by Jason on December 31, 2011?

If Jason issued the bonds at price of 106.5, the amount of interest expense on December 31, 2011 under the straight-line amortization method equals

If Jason issued the bonds at a price of 106.5, what is the book value of Jasons bonds on December 31, 2011 after the interest payment assuming the straight-line method is usd?

On January 1, 2011, Jason Company issued $5 million of 10-year bonds at a 10% stated interest rate to be paid annually. The following present value factors have been provided to answer the subsequent questions:

Time Period

Interest

PV of $

PV of Annuity

10

10%

0.386

6.145

10

8%

0.463

6.710

10

12%

0.322

5.650

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