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On January 1, Year 1, PQR Bank Inc. issued $1,000,000 of 8% bonds due in five years, with annual interest payments on December 31 each

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On January 1, Year 1, PQR Bank Inc. issued $1,000,000 of 8% bonds due in five years, with annual interest payments on December 31 each year. On January 1 , the bonds sold for $1.129,884. What is the market interest rate (yield) on these bonds? Round to the nearest whole percentage and use a \% sign. Do not input decimals and do not put any spaces. For example, 2.1% would be input as 2%. A bond was retired on December 31,2021 . The net bond at the time was 998,200 , with a FV of 1,000,000. The company offered to buy the bond back for 1,020,000. With respect to the difference between the net bond and the cash ropurchase, which of the following comments is true: The issuer will record the differente in OCl. The issuer must record a loss on the extinguishment of the bond. The bondholders cannot recelve more than the net bond value The investor must record a loss on the extinguishment of the bond. The compary issuing the bond cannot pay more than the tace value of the bond. On March 1, 2021, Large Corporation, a public company, issued a $300,0005-year bond paying 10% interest semi-annually on March 1 and September 1 , with a yearend of December 31 . The market interest rate was 8%. What is the present value of the bond on September 1.2021.(hint: this is one period after issue)? Do not input dollar signs, commas or decimals. Round to the nearest whole dollar. For example, $565,000.34 would be input as 565000 A At December 31.2021, what amount of interest expense will be recorded (hint: this is for the four month period since the interest payment on September 1)? Do not input dollar signs, commas or decimals. Round to the nearest whole dollar. A

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