On January 1, 2021, Lakeside Amusement Park issues $600,000 of 6% bonds, due in ten years, with interest payable semi-annually on June 30 and December 31 each year.

1. 1-a. The market interest rate is 6% and the bonds issue at face amount. Calculate the issue price of a bond.
2. 1-b. The market interest rate is 6% and the bonds issue at face amount. Complete the first three rows of an amortization schedule.
3. 2-a. The market interest rate is 7% and the bonds issue at a discount. Calculate the issue price of a bond.
4. 2-b. The market interest rate is 7% and the bonds issue at a discount. Complete the first three rows of an amortization schedule.
5. 3-a. The market interest rate is 5% and the bonds issue at a premium. Calculate the issue price of a bond.
6. 3-b. The market interest rate is 5% and the bonds issue at a premium. Complete the first three rows of an amortization schedule.