Problem 10-4A Straight-Line: Amortization of bond discount LO P2[The following information applies to the questions displayed below.]Legacy issues $610,000 of 6.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $579,203 when the market rate is 8%.Problem 10-4A Part 1Required:1. Prepare the January 1 journal entry to record the bonds' issuance.

What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.