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lir Art 6 Question 1 1 pts Se On March 1, a company issued 10-year, 8% bonds with a par value of $250,000 and semiannual

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lir Art 6 Question 1 1 pts Se On March 1, a company issued 10-year, 8% bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds was 5%, which implies a selling price of 123.375% (1.23375). What are the issuer's cash proceeds from issuance of these bonds? Report in whde dollars. 1 pts Question 2 On March 1, 20x1, a company issued 10-year, 8% bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds was 5%, which implies a selling price of 123.375% (1.23375). You just calculated the selling price in the first question. How much is the bond premium? Question 3 1 pts On October 13, a company calls $10,000 par value of bonds with a carrying value of $9,000. The company calls the bonds at $10.500. You are preparing the journal entry to record the retirement of the bonds on October 13. Do you record a loss or gain on retirement of bonds? Loss Gain

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