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Required information

Problem $9-7$B Calculate the issue price of a bond and prepare amortization schedules $($LO$9-5,9-7)$

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Christmas Anytime issues $$830,000$ of $6\%$ bonds, due in $15$ 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:

Problem $9-7$B Part $3$

The market interest rate is $5\%$ and the bonds issue at a premium. $(FV$ of $$1,PV$ of $$1,$FVA of $$1,$ and PVA of $$1)($Use appropriate

factor$($s$)$ from the tables provided. Do not round interest rate factors. Round your answers to nearest whole dollar.$)$

Issue price