Question

Bond :
Face Value = 100,000
State Rate = 9%
Semi-annual Payments
Term = 3years
Market Rate of 12%

Amortize the bond to determine:
Year 1 Interest Expense
End of Year 1 carrying value.

My Answers:
Year 1 Interest Expense = 5,621.05
End of Year 1 carrying value =94,805.14

Am I correct?