Question
On January 1, 2024, Watermania media issues 2,100,000 of 8% bonds due in 15 years with interest payable Samuel Annalee on June 30 and December
On January 1, 2024, Watermania media issues 2,100,000 of 8% bonds due in 15 years with interest payable Samuel Annalee on June 30 and December 31 each year if the market interest rate is 8% the bonds will issue at 2,100,000 record upon issue on January 1, 2024 and the first two semi annual interest payments on June 30, 2024 and December 31, 2024 is the market interest rate is 9% bonds what issue at 1,928,967 Record the bond issue on January 1, 2024 in the first two semi annual interest payment on June 30, 2024 in December 31, 2024 if the market interest rate is 7% bonds will issue at 2,293,116 record the Bon issues on January 1, 2024 in the first two semi annual interest payments on June 30, 2024 in December 31, 2024
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