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Enviro Company issues 8%,10-year bonds with a par value of $250,000 and semlannual interest payments....

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Accounting

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Enviro Company issues 8%,10-year bonds with a par value of $250,000 and semlannual interest payments. On the issue date, the annuat market rate for these bonds is 10%, which implies a sellinn price of 87W/2. The straight-line method is used to allocate interest expense. 1. What are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Complete this question by entering your answers in the tabs below. What are the issuer's cash proceeds from issuance of these bonds? Complete this question by entering your answers in the tabs below. What total amount of bond interest expense will be recognized over the life of these bonds? Complete this question by entering your answers in the tabs below. What is the amount of bond interest expense recorded on the first interest payment date

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