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On 1/1/2022, a $10,000 bond is issued at par. The bond has a contract rate of 9% and a 20 year term. The interest payments

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On 1/1/2022, a $10,000 bond is issued at par. The bond has a contract rate of 9% and a 20 year term. The interest payments are semi-annual. As the issuer (borrower), how much will I receive for the bond? What is the amount of each interest payment? What will the total interest be? Record the journal entry for issuance of the above bonds: Record the journal entry for the first interest payment

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