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Tano issues bonds with a par value of $93,000 on January 1, 2017, The bonds' annual contract rate is 7%, and interest is paid semiannually

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Tano issues bonds with a par value of $93,000 on January 1, 2017, The bonds' annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 896, and the bonds are sold for $90,561 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table using the straight-line method to amortize the discount for these bonds points eBook Complete this question by entering your answers in the tabs below Hint Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Life of Bonds: Print Amount repaid 6 payments of Par value at maturity 3,255$ 19,530 Total repaid Less amount borrowed Total bond interest expense 19,530 19,530 Required 1 Required 3 >

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