20. If' a bond is issued at par value, the carrying value of the bond wil: A Remain the same over the life of the bond B. Increase over the life of the bond C. Decrease over the life of the bond D. Not enough information 21. Ordinarily, the proceeds from the sale of a bond issue will be equal to: A. The face value of the bond B. The total of the face value plus all interest payments C. The face value of the bond plus the present value of the stream of interest payments D, The present value of the face value plus the present value of the stream of interest payments 22. Johnson will receive $450,000 from his trust fund in 20 years from today. He assumes he could get a return of 6% on his own until then. How much is his trust fund payment worth in today's dollars? A. $137,952 . $140,310 $450,000 $5,161,464