P14-1 Desing the of hands dis cut and premium er and investor LOZ On January 1, 2012, Instaform Company issued 10% bons with principal mount of 50 million, del January 1. The bonds mature in 2031 (30 yenes The market yeld for honds of arriskul matuti i 12 Interest is paid seminnually Required: 1. Determine the price of the bonds at January 1, 2012 and prepare the joumal entry to record their weby Instaform 2 Ascame the market rate was 9. Determine the price of the band my 1, 2012, and prepare the journal entry to record their issuance by Instaform 3. Assine Broadc Electronics purchased the entire is in a private placement of the bonde Uso the data trishy Bini