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Question 8 The following exhibit is for Kmart bonds. Bonds Kmart 8 3/8 17 Close 100% Yield 8. 4 Volume 35 Net Change +7/8 OnQuestion 11 Presented here is a partial amortization schedule for Roseland Company who sold $200,000, five year 10% bonds onQuestion 12 Presented here is a partial amortization schedule for Roseland Company who sold $200,000, five year 10% bonds onQuestion 13 Presented here is a partial amortization schedule for Roseland Company who sold $200,000, five year 10% bonds onQuestion 14 Presented here is a partial amortization schedule for Roseland Company who sold $200,000, five year 10% bonds onQuestion 15 Presented here is a partial amortization schedule for Roseland Company who sold $200,000, five year 10% bonds on

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Answer #1

Q8)At closing,the selling price of the bond was higher than the previous day's price.(since net change is positive)

Q11)$20,000(10%*$2,00,000)

Q12)$18,400(Interest paid - premium amortisation)

=$20,000-($8000/5)

=$18,400

Premium amount=$(208000-200000)=$8000

Life of bond=5 years

Q13)$2400 ($12000/5)

=$2400

Premium amount =$(212000-2,00,000)=$12000

Life of bond=5 years

Premium amortisation = Premium amount/life of bond

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