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Need 1, 2,3 please help ASAP!! Calculate price of the bonds: PV of interest PV of Prindipal Price of bonds On January 1,2024 , Kenobi

Need 1, 2,3 please help ASAP!! image text in transcribed
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Calculate price of the bonds: PV of interest PV of Prindipal Price of bonds On January 1,2024 , Kenobi Inc. issued 8% bonds with a face value of $50 million dated January 1 . The bonds mature in 9 years. Currently, the market rate for similar bonds is 10%. Interest is paid semiannually. 1) Calculate the price of the bonds. (Either input formulas in the yellow cells of the CH14 tab or use the blank PV CH14 tab with excel functions to perform calculations. 2) Provide the journal entry for the seller of the bonds assuming the sale takes place on January 1 . 3) Assume the market rate at the time of issuance was 8%. Recalculate the price of the bonds based on the new information

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