P10-9 Recording and Reporting Bonds issued at a Premium LO10-5 The following information applies to the questions displayed below) Cron Corporation is planning to issue bonds with a face value of $880,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31, All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (EV of $1, PV of $1, EVA of $1, and PVA of $1 Use the appropriate factor(s) from the tables provided.) P10-9 Recording and Reporting Bonds issued at a Premium LO10-5 The following information applies to the questions displayed below) Cron Corporation is planning to issue bonds with a face value of $880,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31, All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (EV of $1, PV of $1, EVA of $1, and PVA of $1 Use the appropriate factor(s) from the tables provided.)