The company issues 9% 5-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 9.2%. Round to the nearest dollar.

10 n % PV PVA 4.50% 0.64393 7.9127 10 4.60% 0.63780 7.8740 2. What is the issue price of the bond? $ 3. What is the bond liability after the first interest payment? $ For 4 - 5 use the following Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par $100) Common stock (par $0.01) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (10,000 common shares) Total stockholders' equity $1,000,000 1,500 2,128,500 3,130,000 445,000 (190,000) $3,385.000 4. Assume that the company sold 6,000 shares of its treasury stock for $20.00 per share. How much would additional paid in capital change? $ 5. How many shares of Common stock would be outstanding after the reissuance? shares