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Required informetion The following information applics to the questions displayed below] PowerTap Utirtes is planning to ssuve bonds with a face value of $1,000,000 and

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Required informetion The following information applics to the questions displayed below] PowerTap Utirtes is planning to ssuve bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . Al of the bonds were sold on January 1 of this year. Fower lap uses the eflective-urterest amortization method. Assume an annuat maket rate of interest of 12 . persent. (EV of SI. PV of S1. BVA of S1, and EVA of Sil) Note: Use nppropriete foctori(v) from the tnbles provided. Required: 1. What was the insue porce on January 1 of this year? Note: Pound your final snswer so sesrest whole doller amount. Required information [The following information applies to the questions displinyed below] PowerTap Urities is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this yeat. Powerlap uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (IVV of S1, PV of S1, PVA of S1, and PVA of \$1) Note: Use oppropriete foctor(s) from the tobles provided. 2. What amount of interest expense should be recorded on June 30 and December 31 of this year? Note: Round your finel answers to neorest whole dollar amount. Required informetion The following information applies to the questions displayed below) Powerfap Utiities is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent The bonds mature in 10 years and pay interest semiannually every June 30 and Decernber 31 . All of the bonds were sold on January 1 of this year PowerTap uses the effective interest amortization method. Assume an annubl market rate of interest of 12 percent (PV of S1, PV ci S1, PVA of \$1, and PVA of S1) Note; Use sppropribte foctor(s) from the tabies provided. 3. What amourt of canh should be paid to investors June 30 and December 31 of this year? Required information [The following information applies to the questions displayed below] PowerTap Utitties is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this yeac. PowerTap uses the effective-interest amortization method Assume an annual market rate of interest of 12 percent. (FV of S1. PX ol St. EVA of St, and PVA of Si) Note: Use oppropriate foctor(s) from the tables provided. 4. What is the book value of the bonds on June 30 and December 31 of this year? Note: Round your finst onswers to nearest whole dollar amount. Required informetion The following information applics to the questions displayed below] PowerTap Utirtes is planning to ssuve bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . Al of the bonds were sold on January 1 of this year. Fower lap uses the eflective-urterest amortization method. Assume an annuat maket rate of interest of 12 . persent. (EV of SI. PV of S1. BVA of S1, and EVA of Sil) Note: Use nppropriete foctori(v) from the tnbles provided. Required: 1. What was the insue porce on January 1 of this year? Note: Pound your final snswer so sesrest whole doller amount. Required information [The following information applies to the questions displinyed below] PowerTap Urities is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this yeat. Powerlap uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (IVV of S1, PV of S1, PVA of S1, and PVA of \$1) Note: Use oppropriete foctor(s) from the tobles provided. 2. What amount of interest expense should be recorded on June 30 and December 31 of this year? Note: Round your finel answers to neorest whole dollar amount. Required informetion The following information applies to the questions displayed below) Powerfap Utiities is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent The bonds mature in 10 years and pay interest semiannually every June 30 and Decernber 31 . All of the bonds were sold on January 1 of this year PowerTap uses the effective interest amortization method. Assume an annubl market rate of interest of 12 percent (PV of S1, PV ci S1, PVA of \$1, and PVA of S1) Note; Use sppropribte foctor(s) from the tabies provided. 3. What amourt of canh should be paid to investors June 30 and December 31 of this year? Required information [The following information applies to the questions displayed below] PowerTap Utitties is planning to issue bonds with a face value of $1,000,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this yeac. PowerTap uses the effective-interest amortization method Assume an annual market rate of interest of 12 percent. (FV of S1. PX ol St. EVA of St, and PVA of Si) Note: Use oppropriate foctor(s) from the tables provided. 4. What is the book value of the bonds on June 30 and December 31 of this year? Note: Round your finst onswers to nearest whole dollar amount

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