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ZuZu's Petals Corporation on January 1, 2020, issues $100,000 of 5% bonds due in 5 years with interest payable annually at year-end. The current market

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ZuZu's Petals Corporation on January 1, 2020, issues $100,000 of 5% bonds due in 5 years with interest payable annually at year-end. The current market rate of interest for bonds of similar risk is 4%. (Kieso pages 6-27 & 28 can offer help if you are willing to open the back! 1. What will bond buyers pay for this bond issue? (6 points) 2. Prepare an amortization schedule for the entire life of the bond using the effective-interest rate method. (9 points)

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