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QS 10-9 (Algo) Straight-Line: Discount bond computations LO P2 antuai mak ketuate for these bonds is 10K, which implies a selling price of 87V. The

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QS 10-9 (Algo) Straight-Line: Discount bond computations LO P2 antuai mak ketuate for these bonds is 10K, which implies a selling price of 87V. The stratght line method is used to allocate interest experice: 1. What ate the Hsuer' cansh proceeds from isuance of these boods? 2. Whot fotal amount of bond interest exponse will be recognized over the life of these bonds? 3. Whar bs the amount al bogd inferest expense reconded an the first kiterest payment date? Complete this question by enferiba your anwers in the tabs below: QS 10-9 (Algo) Straight-Line: Discount bond computations LO P2 Emvirb Company issues 8%,10 year bonds with a par value of $190,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a seling price of 87V. The straight-line method is used to allocate interest expense. 1. What bre the issue's cast proceeds tiom issuance of these bonds? 2. Whar total amocint of bond interest expense will be recognized over the life of these bonds? 3. What is the arnount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. What is the amount of bond hiterest expense recorded on tha first interest poyment date? Nate: Round tinat answer to the nearest whole dotlar amount

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