On February 28, 2017, KTrade Inc. issues 11%, 25-year bonds with a face value of $250,000. The bonds pay interest on February 28 and August 31. KTrade amortizes bonds by the straight-line method Requirements Requirement 1. If the market interest rate is 85/8% when Trade issues its bonds will the bonds be priced at face value, a premium or a discount? Explain The 11% bonds issued when the market interest rate is 85/8% will be priced at price to acquire them They are in this market, so investors will pay a Requirement 2. If the market interest rate is 14% when Trade issues its bonds will the bonds be priced at face value, a premium or a discount? Explain. The 11% bonds issued when the market interest rate is 14% will be priced at to acquire them They are in this market. so investors will pay Requirements. Assume that the issue price of the bonds is 95. Journalize the following bond transactions (Record debits first, then credits. Explanations are not required) a. Issuance of the bonds on February 20, 2017 se Choose from any store any number in the input helds and then continue to the next