Citywide Company issues bonds with a par value of $68,000. The bonds mature in six...
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Citywide Company issues bonds with a par value of $ The bonds mature in six years and pay annual interest in semiannual payments. The annual market rate for the bonds is Table B Table B Table B and Table BUse appropriate factors from the tables provided. Compute the price of the bonds as of their issue date. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Required Required Compute the price of the bonds as of their issue date. Round intermediate calculations to the nearest dollar amount. Table Values are based on: n Cash Flow Table Value Amount Present Value Par maturity value Interest annuity Price of bonds CA $
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