%, 2.86 of 6 points Homework: Chapter F:14 Homework Havens Company is planning to issue $450,000 of 1 Read the requirements Question 3, EF14-21 (similar to) Part 4 of 6 HW Score: Points: Cha of 1 -year bonds payable to borrow for a major expansion. The owner, Anthony Havens, asks your advice on some rested mater Requirement 1. Answer the following questions At what type of bond price will Havens Company have total interest expense equal to the cash interest payments? Under which type of bond price will Havens Company's total interest expense be greater than the b. cash interest payments? the market interest rate is 14%, what type of bond price can Havens Company expect for the bonds? Requirement 2. Compute the price of the bands if the bonds are issued at 89 The price of the $450,000 bond sued a Face value Discount price Discount price Save