Need help with the remaining blanks on #3.
6 months of bond interest payments, 6 months of premium armortization, and 6 months of unarmortized premium. Plus the last two carrying value for months 6/30 and 12/31. Thank you!
Check my work 4 Quatro Co issues bonds dated January 1.2017, with a par value of $800000. The bonds' annual contract rate is and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 12%, and the bonds are sold for S819700. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table for these bonds using the effective interest method to amortize the premium. its eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Print 19.700 eferences Required 2 > connect.html Black: Atens State online Main Menu Blackboard-Athens D New Tab (60Lrkedin J, careCredit Healthca completion. Return to question Quatro Co. issues bonds dated January 1, 2017, with a par value of $800,000. The bonds annual contract rate is 13%, and interest is paid semiannually on June 30 and December 31, The bonds mature in three years. The annua market rate at the date of issuance is 12%, and the bonds are sold for $819,700 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table for these bonds using the effective interest method to amortize the premium Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? l Bond Interest Expense Over the Life of the Bonds: Amount repaid payments of Par value at maturity 52,000s 312.000 Total repaid Less amount borrowed Total bond interest expense 00,000 1.112,000 819,700 292.300 Required 1 Required 3 > Prex 4 of 5 Next > S Menu- D Atens State online Main Blackboard -Athens New Tab n (6) Linkedin iPCareCreditl Homework Saved Help Save Quatro Co. issues bonds dated January 1, 2017, with a par value of $800,000. The bonds' annual co 13%, and interest is paid semiannually on June 30 and December 31, The bonds mature in three annual market rate at the date of issuance is 12%, and the bonds are sold for S819700. year 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table for these bonds using the effective interest method to amortize the Complete this question by entering your answers in the tabs below Required 1 Required 2Required 3 Prepare an amortization table for these bonds using the effective interest method to amortize the premiun amounts to the nearest whole dollar.) annual Cash Interest Bond Interest Premium Unamor Paid Expense Amortization Premiunm Carrying Value 01/01/2017 06/30/2017S 52,000 49,182 12/31/2017 06/30/2018 12/31/2018 06/30/2019 12/31/2019 Total 19,700 S 819,700 52,000 52,000 52,000 52.000 52,000 52,000 312,000 292,300 19,700 Required 2 KPrex4 of5 Next >
