Vino Company raised capital to build a new frillabator factory in Donut Plaines, Iowa, and issued $200,000,000 of 20-year, 5.0% notes on October 1, 2019. The entire issue sold out on opening day, even after the firm's financial advisors adjusted the note price because of favorable news about firm prospects. The notes were priced to yield 4.5% when held to maturity. What did each note sell for? Present your computations either by writing out the PV and PVA formulae, and using your calculators, or by using Excel. Separate and price BOTH the Redemption and Annuity values. I.e., give the PV of the $200 million Redemption; give the PV of the 40 Annuity payments. 

a). Give the journal entry to record the sale of the notes on October 1, 2019. 

b). Prepare an Amortization Schedule for the Premium. At maturity, the Premium s/b equal to zero. You will need to adjust the final payment so the carrying value of the bonds equals $200 million.