The jim Company issues 7%, 3-year bonds with a par value of $490,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%. Enter a valid Excel formula or function in each of the yellow cells below. Formulas must refer to cells addresses Entering a value will be marked as incorrect. $490,000 Par Value Term (years) Annual market % Annual contract % Payments per year 8% 7% 2 What is the amount of each semiannual interest payment? 3 9 0 Complete the amortization schedule for these bonds. Semiannual Cash Interest Bond Interest Discount Interest Period Paid Expense Amortization Unamortized Discount Carrying Value 21 22 23 24 25 26 27 28 29 30 31 32 33 34 1 2 3 4 5 6 Totals SO 00 $0.00 $0.00 The jim Company issues 8%, 3-year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 7%. Enter a valid Excel formula or function in each of the yellow cells below. Formulas must refer to cells addresses. Entering a value will be marked as incorrect. $440,000 Par Value Term (years) Annual market % Annual contract % Payments per year 0 1 12 13 14 15 7% 8% 2 What is the amount of each semiannual interest payment? 16 17 18 19 20 Complete the amortization schedule for these bonds. Make sure all formulas return positive values. Semiannual Cash Interest Bond Interest Premium Unamortized Carrying Interest Period Paid Expense Amortization Premium Value 21 22 23 24 25 26 27 28 29 30 31 32 33 34 1 2 3 4 5 6 Totals $0.00 $0.00 $0.00