5)Haste Enterprises issues 20-year, $2,000,000 bonds that pay semiannual interest of $40,000. If the effective annual rate of interest is 10%, what is the issue price of the bonds? Some relevant and irrelevant present value factors: * PV of ordinary annuity of $1: n = 20; i = 10% is 8.51356 **PV of $1: n = 20; i = 10% is 0.14864 * PV of ordinary annuity of $1: n = 40; i = 5% is 17.15909 **PV of $1: n = 40; i = 5% is 0.14205

16)The rate of interest that actually is incurred on a bond payable is called the?

17)Most corporate bonds are: