on 1 yo wered out of 0 Flag oestion For all questions on this homework, use the following bond, and round your answer to the nearest dollar, such as 12345. (No need to write s as $ is already in front of the box.) Also use the effective interest rate method On January 1, 2014, Aex Company issues $1,000,000 of 6-ynar bonds with 5% coupon payable anunty on December 31. The market rate of the bonds on January 1, 2014 is 4% ABX Company finances S by this bond issue. (Assume there is no expenses on issuing the bond) astion 2 ot yet The interest expense of the bond in 2014 is $ out Flag otion tion 3 otel word The amount of cash pad as an interest on the band in 2014 is its out of 00 Flag question The interest expense of the bond in 2015 is Bolyot od 00