Search 2011. Compatibility Mode - Word Mailings Review View Aav Ap Help 21 et Emphasis Heading 1 1 Normal Strong Subtitle Title T No Paragraph Styles Bonds XYX Company is preparing to issue $1,000,000 in 8% bonds that pay interest semi-annually and mature in five years. 1. Interest rates for companies with XYZ's risk profile have fallen following the bond registration. If the market will accept a 6% rate, what should XYZ expect to receive for their bonds? Prepare XYZ's journal entry for the issue of the bonds on 01/01/2018 Prepare XYZ's journal entry for the first interest payment on 06/30/2018 2. Interest rates for companies with XYZ's risk profile have risen following the bond registration. If the market will accept a 10% rate, what should XYZ expect to receive for their bonds? Prepare XYZ's journal entry for the issue of the bonds on 01/01/2018 Prepare XYZ's journal entry for the first interest payment on 06/30/2018 3. Assuming that 8% is a reasonable rate, what should XYZ expect to receive for their bonds if they carried a zero coupon rate?? Prepare XYZ's journal entry for the issue of the bonds on 01/01/2018. Prepare XYZ's journal entry for the first interest payment on 06/30/2018