Please Help Help. 10 Pts Best Answer Promise!! Bond Computations.?

If you don’t answer all that’s fine. i just need a jump start!!! Thank you so much!!
Chapter 2 Problem 1
2. Bond computations: Straight-line amortization
Southlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow.
• Case A—The bonds are issued at 100.
• Case B—The bonds are issued at 96.
• Case C—The bonds are issued at 105.
Southlake uses the straight-line method of amortization.
Instructions:
Complete the following table:
Case A Case B Case C
a. Cash inflow on the issuance date __100,000_____ _______ _______
b. Total cash outflow through maturity _______ _______ _______
c. Total borrowing cost over the life of the bond issue _______ _______ _______
d. Interest expense for the year ended December 31, 20X1 _______ _______ _______
e. Amortization for the year ended December 31, 20X1 _______ _______ _______
f. Unamortized premium as of December 31, 20X1 _______ _______ _______
g. Unamortized discount as of December 31, 20X1 _______ _______ _______
h. Bond carrying value as of December 31, 20X1 _______ _______ _______

Both comments and pings are currently closed.

One Response to “Please Help Help. 10 Pts Best Answer Promise!! Bond Computations.?”

  1. SierraTu says:

    B

Powered by WordPress | Designed by: free css template | Thanks to hostgator coupon and web hosting reviews