on January 1, 2018, Vacation Destinations issues $28 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schdule appear below:

#1 were the bonds issued at face amount, a discount, or a premium? a) Face Amount b) Discount c) Premium

#2 What is the orginal issue price of thr bonds? (enter your answer in dollares, not millions. (i.e., $5.5 million should be entered as 5,500,000).)

Issue Price $_______

#3 What is the face amount of the bonds? (Enter your answer in follars, not millions. (i.e., $5.5 million should be entered as 5,500,000).)

Face Amount $_______

#4 What is the stated annual interest rate?

Stated annual interest rate _______

#5 What is the market annual interest rate?

Market annual interest rate______

#6 What is the total cash paid for interest assuming the bonds mature in 10 years? (Enter your answer in dollars, not millions. (i.e., $5.5 million should be entered as 5,500,000).)

Total cash interest ________

The folowing information applies to the questions displayed below/ On January 1, 20 Vacation Destinations issues S28 million of bonds that pay irtere for Interest Expense Carrying value vaiue 1W2018 $1.120,000 60 662 26297601 Section Break amortization schedule log 6 The folowing information applies to the questions displayed below/ On January 1, 20 Vacation Destinations issues S28 million of bonds that pay irtere for Interest Expense Carrying value vaiue 1W2018 $1.120,000 60 662 26297601 Section Break amortization schedule log 6