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Issued the following bonds. Work out in Excel showing answers in detail. $4,000,000 8%, NC, due December 31st, 2022 Semi-annual pay: July 1st and January

Issued the following bonds. Work out in Excel showing answers in detail.

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$4,000,000 8%, NC, due December 31st, 2022 Semi-annual pay: July 1st and January 1st Issue Date: January 1st, 2019 Additional Information: 4 YRS . Tony Stark Corporation has a December 31st year-end Tony Stark Corporation uses the straight-line method to amortize any . discount or premium on outstanding debt Because of poor marketing efforts by the deal underwriter, no bonds were sold until February 1st, 2019, at that time the entire issue was sold Instructions For each of the following environments/markets provide the answers to 1), 2), 3) and 4) 6% environment/market . 8% environment/market . 10% environment/market 1) Provide the pricing at issue 2) What was the dollar amount of the bond discount at issue? 3) What was the dollar amount of the bond premium at issue? 4) What was the JE made by Tony Stark Corporation on the issue date? Use this chart for your answers: Price @ $ Discount $ Premium JE made on @ Issue @ Issue @ Issue Issue Date 6% 8% 10%

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