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Onths Exercise 10-9 Straight-Line: Amortization of bond premium LO P3 onds hos 5 hds Quatro Co. issues bonds dated January 1, 2019, with a par

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Onths Exercise 10-9 Straight-Line: Amortization of bond premium LO P3 onds hos 5 hds Quatro Co. issues bonds dated January 1, 2019, with a par value of $770,000. The bonds' annual contract rate is 12%, 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 10%, and the bonds are sold for $809,071 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds. Rate pon bon 38 points Don Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the amount.) Semiannual Interest Period-End 01/01/2019 Unamortized Premium Carrying Value 06/30/2019 12/31/2019 06/30/2020 12/31/2020 noining 6 Next >

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