On January 1, 2021, Vacation Destinations issues $35 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: (1) (2) (3) (4) (5)
Cash Paid Interest Increase in Carrying
Date for Interest Expense Carrying Value Value
1/1/2021 $ 32,512,829
6/30/2021 $ 1,050,000 $ 1,137,949 $ 87,949 32,600,778
12/31/2021 1,050,000 1,141,027 91,027 32,691,805
1. Were the bonds issued at face amount, a discount, or a premium?
2. What is the original issue price of the bonds? (Enter your answer in dollars, not millions. (i. e., $5.5 million should be entered as 5,500,000).)
Issue Price: ___
3. What is the face amount of the bonds? (Enter your answer in dollars, not millions. (i. e., $5.5 million should be entered as 5,500,000).)
Face Amount: ___
4. What is the stated annual interest rate?
5. What is the market annual interest rate? (Round your answer to the nearest whole percent.)
6. What is the total cash paid for interest assuming the bonds mature in 10 years? (Enter your answer in dollars, not millions. (i. e., $5.5 million should be entered as 5,500,000).)

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.