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were Citywide Company issues bonds with a par value of $82,000 on their stated issue date. The bonds mature in ten years and pay 8%

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were Citywide Company issues bonds with a par value of $82,000 on their stated issue date. The bonds mature in ten years and pay 8% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 6% (Table B.1. Table B 2. Table B 3. and Table B.4) (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. How many semiannual interest payments will be made on these bonds over their life? 3. Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium 4. Compute the price of the bonds as of their issue date. 5. Prepare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Req 1 to 3 Reg 4 Reg 5 What is the amount of each semiannual interest payment for these bonds? How many semiannual interest payments will be made on these bonds over their life? Use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. Par (maturity) value Semiannual Rate Semiannual cash interest payment Number of payments LLLLLLLLLL . RELATERETETE Req 1 to 3 Req 4 Req 5 Compute the price of the bonds as of their issue date. (Round intermediate calculations to Table Values are Based on: Table Value Amount Present Value Cash Flow Par (maturity) value Interest (annuity) Price of bonds Journal entry worksheet Record the issue of bonds with a par value of $82,000. Note: Enter debits before credits Transaction General Journal Debit Credit 1o TABLE B.1" Present Value of 1 p=1/(1+i) Periods 1% 2% 3% 4% 5% 9% 10% 12% 0.9901 0.9804 0.9709 0.9803 0.9612 0.9426 0.9706 09423 09151 0.9610 0.9238 0.8885 0.9515 0.9057 0.525 0.9420 0.8880 0.8375 0.9327 0.8705 0.8131 0.9235 0.8535 0.7894 0.9143 0 8368 0.7664 0.9053 0.8203 0.7441 0.8963 0.8043 0.7224 0.8974 0735 0.7014 08787 0.7730 06810 015700 017579 08511 08513 0.7430 015419 08528 0.7284 06232 0 8444 07142 05050 0.8360 0.7002 0.5874 08277 0.6804 0.5703 0.8195 0.6730 0.5537 0.7798 0.5005 0.4775 0.7419 0552 04120 07099 500003554 015717 04529 023065 0.9615 0.9524 0.9434 09346 0.9259 0.9174 0.9091 0.8929 0.8696 0.9246 0.9070 0.8900 0.8734 0.8573 0 .8417 0.8264 0.7972 0.7561 09890 08638 0.8395 08163 0.7938 0.7722 07513 0.7118 06575 0.8548 0.8227 0.7921 07679 0.7350 0.7084 0.6830 0.6355 0.5718 08219 07825 0.7473 07130 0.68050 6499 05209 05674 04972 0.7903 0.7462 0.7050 06663 06302 05963 05645 05066 04323 0.7599 0.7107 0 6651 06227 0.5835 05470 05132 0.45230 3759 0.7307 0.6768 0.6274 05820 0.5403 05019 0.4665 0.40.39 0.3269 0.7026 06446 0.5919 05439 0.5002 04604 0.4241 0.3606 02843 0.6756 0.6139 05584 0.5083 0.4532 0.4224 0.3855 03220 0.2472 0.5496 0.5847 0.5268 04251 04299 0 75 0.750502875 0.2149 0.6245 05563 04970 04440 0.3971 01555 0.3186 02567 01369 06005 0.5303 0.0688 00150 013577 07252 02897 02292 0.1625 0577505051 04423 03878 3005 02992 02633 02065 01613 05553 0.6810 04173 03524 0.3152 0 2765 02394 0.1827 0.1229 0.53390 458103936 0.3387 02919 02519 0.2176 0.1631 0.1069 0.5134 04063 0.3714 0.3165 0.2703 0.2311 0.1978 0.14550 0929 0.4936 0.4155 0.3503 0.2959 0.2502 0.2120 0.1799 0.1300 OOROS 0.4746 0.3957 03305 0.2765 02317 0.1945 01635 0.1161 0.0703 0.4564 0.3769 0.3718 02534 0.2145 0.1784 04:36 0.1037 0 0611 0.3751 0.2953 0.2230 0.18 0.10500 1160 00923 0058800304 3083023140 1741 01314 009040075400571 0011 00151 2534 0.1813 0.1901 0.0937 005750040000355 001 00075 2083 0 1420 00972 0.055800450001 00221 00107 00037

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