On January 1, 1992, Boeing issued $250 million in bonds with a coupon rate of 8.75% (payable annually) due on December 31, 2031 for 99.33%. How mu C h did Boeing receive for the bonds (in thousands)? What was the market rate when Boeing issued the bonds? What would have been the journal entry to record interest for the first year of the bonds, assuming that the market rate at issuance was 8.81112%? What would be the carrying value of the bonds on December 31, 2006? Suppose that interest rate for similar debt (rated A+ by S&P) at January 1, 2007 is 5.84%. If Boeing dcided to buy back the bonds, how mu C h would they save in the future by not having to make interest and principal payments (in PV terms)? The market price of Boeing's bonds on January 1, 2007 in the open market was 137.77 (137.77% of face value). How mu C h would Boeing have to pay to repurchase all of the bonds? Compare your result with #5. Is this a coincidence? Give the journal entry that would be made for the hypothetical repurchase of the bonds. Give the journal entry for the issue of new bonds to cover the cost of repurchase