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6. On Sept. 1, 2021 Hernandez Corp. issued $7,000,000 of 6%, 15 year bonds. The market rate of interest on that date was 8%. How
6. On Sept. 1, 2021 Hernandez Corp. issued $7,000,000 of 6%, 15 year bonds. The market rate of interest on that date was 8%. How much will Hernandez receive for the bonds? A. $7,000,000 B. More than $7,000,000 C. Less than $7,000,000 D. $0
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