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Questions 6-8 (of 8) Ti The following information applies to the questions displayed belowj Christmas Anytime issues $710,000 of 5% bonds, due in 10 years,

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Questions 6-8 (of 8) Ti The following information applies to the questions displayed belowj Christmas Anytime issues $710,000 of 5% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Calculate the issue price of a bond and complete the first three rows of an amortization schedule when: Required: 1. The market interest rate is 5% and he bonds issue at face amount. (EV , S Do not round interest rate factors.) V of SI NA OSI VAot SDIUse appropriate factor s and 2. The market interest rate is 6% and the bonds issue at a discount. (EV0S1. PyofS1. EVAof $1, and P AofS1) (Use appropriate fact Do not round interest rate factors.) Interest Increase inCarrying Expense Carrying ValueValue Cash Paid Expense Date Cash Paid 01/01/18 06/30/18 12/31/18 Check my work 3. The market interest rate is 4% and the bonds issue at a premium. (EVot$1, Pyot$1. EVAof$1, and PVA0S1) (U Do not round interest rate factors.) se appropr Decrease in carrying Value Date Cash Paid Expense Carrying Value 01/01/18 06/30/18 12/31/18

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