(Answered) Following bond was issued4000000 8 nc due 12312020

Accounting

Following bond was issued:

$4,000,000, 8%, NC, due 12/31/2020, semi-annual pay, issue date 1/1/16

For each of the following markets provide the answers to 1) and 2)

6% market

8% market

1) provide the pricing at issue?

2) What was the dollar amount of the bond discount at issue?

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