The market price is $800 for a 14 year bond ($1000 par value) that pays 9% annual interests but makes interest payments on a semi annual basis (4.5% semi annually). What is the bonds yield to tematurity?

1. Bakels Company issued a $100,000, 20 year bond with a statedinterest rate of 6%. Assume interest payments are made annually. What is the selling price of the bond if the marketrate of interest is 9%? (Round to the nearest dollar.)

2. Askers Company issued a $100,000, 20 year bond with a statedinterest rate of 6%. Assume interest payments are made annually. If the market rate of interest is 8%, the bond willsell at

3. Heww Inc., issued a $50,000, 10 year bond with a stated interestrate of 6%. Assume interest payments are made semi-annually. What is the selling price of the bond if themarket rate of interest is 5%? (Round to the nearestdollar.)

4. Voguard Company issued a $50,000, 10 year bond with a statedinterest rate of 6%. Assume interest payments are made semi-annually. If the market rate of interest is 5%, the bondwill sell at

1. BakelsCompany issued a $100,000, 20 year bond with a stated interest rateof 6%. Assume interest payments are made annually. What is the selling price of the bond if the marketrate of interest is 9%? (Round to the nearest dollar.)

2.AskersCompany issued a $100,000, 20 year bond with a stated interest rateof 6%. Assume interest payments are made annually. If the market rate of interest is 8%, the bond willsell at

3.HewwInc., issued a $50,000, 10 year bond with a stated interest rate of6%. Assume interest payments are made semi-annually. What is the selling price of the bond if themarket rate of interest is 5%? (Round to the nearestdollar.)

4.VoguardCompany issued a $50,000, 10 year bond with a stated interest rateof 6%. Assume interest payments are made semi-annually. If the market rate of interest is 5%, the bondwill sell at

Ellis issues $250,000, 6.5%, 5-year bonds dated January 1, 2017. The bonds pay interest semi-annually on June 30 and December 31. The bonds were issued at $255,333.

1. Record the journal entry to issue the bonds on January 1, 2017.

2. a. Record the journal entry to pay the semi-annual interest payment and amortize the premium on June 30, 2017.

b. Record the journal entry to pay the semi-annual interest payment and amortize the premium on Dec. 31, 2017.

3. a. Record the journal entry to pay the semi-annual interest payment and amortize the premium on June 30, 2018.

b. Record the journal entry to pay the semi-annual interest payment and amortize the premium on Dec. 31, 2018.

4. On September 1, 2020, Ellis calls the bonds at 99. Record the journal entry to call the bonds.

5. What is the total interest expense for the bonds for:

a. One full year?

b. The entire five year life of the bond? (if the bond had been held until maturity)

6. What is the carrying value of the bonds on:

a. December 31, 2017?

b. December 31, 2018?

I understand questions 1-3, but i do not understand questions 4-6.