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please answer Required information Problem 9.5B Understand a bond amortization schedule (LO9-5) [The following information applies to the questions displayed below] Temptation Vacations issues $43
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Required information Problem 9.5B Understand a bond amortization schedule (LO9-5) [The following information applies to the questions displayed below] Temptation Vacations issues $43 milion in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Problem 9.5B Part 2 2. What is the original issue price of the bonds? (Enter your onswer in dollors, not millions. (i.e., $5.5 million should be entered os 5,500,000)) Required information Problem 9.5B Understand a bond amortization schedule (LO9-5) [The following information applies to the questions displayed below] Temptation Vacations issues $43 milion in bonds on January 1,2021 , that pay interest semiannually on June 30 and December 31 . Portions of the bond amortization schedule appear below: Problem 9.5B Part 3 3. What is the face amount of the bonds? (Enter your answer in dollars, not millions. (1.e., $5.5 million should be entered as 5,500,000) ) Required information Problem 9.5B Understand a bond amortization schedule (LO9.5) [The following information applies to the questions displayed below] Temptation Vacations issues $43 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31 . Portions of the bond amortization schedule appear below: Problem 9-5B Part 4 4. What is the stated annual interest rate? Required information Problem 9.5B Understand a bond amortization schedule (LO9.5) [The following information applies to the questions displayed below] Temptation Vacations issues $43 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Problem 9.5B Part 5 5. What is the market annual interest rate? (Round your onswer to the nearest whole percent.) Required information Problem 9.5B Understand a bond amortization schedule (LO9-5) [The following information applies to the questions displayed below] Temptation Vacations issues $43 million in bonds on January 1, 2021, that pay interest semiannually on June 30 and December 31 . Portions of the bond amortization schedule appear below: Problem 9.5B Port 6 5. What is the total cash paid for interest assuming the bonds mature in 20 years? (Enter your onswer in dollors, not millions. (i.e., 55.5 million should be entered as 5,500,000) ) Step by Step Solution
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