1. Why would bonds ever sell at a premium?

   		Stated Rate = Market Rate
   		Stated Rate > Market Rate
   		Stated Rate < Market Rate

QUESTION 2

1. Why would bonds ever sell at a discount?

   		Stated Rate = Market Rate
   		Stated Rate > Market Rate
   		Stated Rate < Market Rate

QUESTION 3

1. At what amount do bonds sell for if the Stated Rate is equal to the Market Rate?

QUESTION 4

1. $500,000, 10%, 20 year bonds sell at 102.These bonds are selling at a

   		Discount
   		Premium

1 points

QUESTION 5

1. Give the amount of cash received for these bonds when sold.

1 points

QUESTION 6

1. On the day the bonds were dated, Willow Corp. issued 12% bonds having a face value of $100,000 for $95,233. Type the three lines of the journal entry to record the sale of the bonds? 1. 2.3.

1 points

QUESTION 7

1. What amount of interest would be paid to bondholders annually?

1 points

QUESTION 8

1. What amount of interest would be paid to bondholders semi-annually