The company has issued a bond with a £20,000,000 par value. It has 4 year maturity with a coupon of 2% paid annually. The cost associated with issuing the bond is £95,000 and the market interest rate at the time of issue was 3.5%. The company’s reporting period is 1January to 31 December.   With regards to the bond in situation 2, assuming the company chooses the effective interest rate method and the bond is issued on 1 January 2019: If a different company had issued the same bond but had chosen to record the bond at fair value, what would be the ending carrying amount in the financial statements year ending 31 Dec 2021 if the market interest rate was 4.5%?

The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 9.5% and that the coupon payments are to be made semannually.Assuming the appropriate YTM on the Sisyphean bond is 7.4%, then this bond will trede at A a premium. B. par c. a discount. D. none of the above

Kk.95. Palmer Corp. issued callable bonds with a face value of $200,000 and a coupon rate of 6%. The bond matures in 4 years and pays interest semi-annually. The market rate at time of issuance is 7%. Provide the journal entry to record the issuance of the bonds on January 1st, 2020. -Record the journal entry for the interest expense on 6/30/2021? -What is the net book value of the bonds payable at 12/31/2022? -Palmer Corp. decides to exercise the right to retire its bonds early on 12/31/2022. It calls its bond at a call premium of 3 percent over par. Record the retirement of the bonds.

The Sisyphean Company has a bond outstanding with a face value of​ $1000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 5%and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.3%, then the price of this bond will​ be:   The price of the bond​ is: ​$​           (round to two decimal​ places)

On January 1 of this year, Ikuta Company issued a bond with a face value of $115,000 and a coupon rate of 4 percent. The bond matures in 3 years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 5 percent. Ikuta uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Note: Use appropriate factor(s) from the tables provided. Required: 1. Complete a bond amortization schedule for all three years of the bond's life. 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a bond amortization schedule for all three years of the bond's life. Note: Round your intermediate calculations and final answers to whole dollars. Date January 01, Year 1 December 31, Year 1 December 31, Year 2 December 31, Year 3 Cash Interest Interest Expense Amortization Book…

On February 1, 2021, Nalawi ltd, issued a 5% , 8-year bond with a face value of 500,000. The semi-annual interest (Coupon) Payments are made on January 31 and July 31. Nikawi LTD receives $468,597 in cash. The company uses the effective interest method. The market rate is 6%   Prepare a bond amortization table for the first two semi-annual interest periods.  Record the journal entries for the insurance of the bond on February 1st, 2021 and the semi annual interest payments for July 31st, 2021, and January 31st 2022 dd on questions What is the interest payment on July 31st, 2021 What is the interest expense on July 31st, 2021 What is the carrying amount of the bond July 31st, 2021 What is the interest payment on January 31st, 2022 What is the interest expense on January 31st, 2022 What is the carrying amount of the bond on January 31st, 2022.

The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.7​% and that the coupon payments are to be made semiannually.   Assuming that this bond trades for $1,010​, then the YTM for this bond is closest​ to:   A. 11.4​%   B. 7.6​%   C. 13.3​%   D. 9.5​%

Richmond Pty Ltd has issued a 14 year bond with a par value of $1000. The bond makes annual coupon payment. The bond is currently trading at $1,001 and the current market rate is 8.7% (APR). Calculate the bond's annual coupon rate (in percentage)

On 1 January 20x2, Company A issued a convertible bond with principal amount of USD200,000, with maturity date of 31 December 20x3. The proceeds from the convertible bond is USD210,000. The coupon rate was 3% per annum payable at year-end. A similar bond issued by company A, but without the convertible feature had coupon rate of 4% per annum.   Requirement Record the journal entries on 1 January 20x2 and 31 December 20x3.   show me the calculations