Paulson company issues 8%, four-year bonds, on january 1 of this year, with a par value of $92,000 and semiannual interest payments. Semiannual period-end unamortized discount carrying value (0) january 1, issuance $ 6,573 $ 85,427 (1) june 30, first payment 5,751 86,249 (2) december 31, second payment 4,929 87,071