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P9-7A Coney Island Entertainment issues $1,300,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.

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P9-7A Coney Island Entertainment issues $1,300,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: Calculate the issue price of a bond and complete the first three rows of an amortization schedule when 1. The market interest rate is 7% and the bonds issue at face amount. 2. The market interest rate is 8% and the bonds issue at a discount 3. The market interest rate is 6% and the bonds issue at a premium

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