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7 Heller Company issues $950,000 of 12 % bonds that pay interest semiannually and mature in 10 years What is the bonds' issue price assuming
7 Heller Company issues $950,000 of 12 % bonds that pay interest semiannually and mature in 10 years What is the bonds' issue price assuming that the bonds' market interest rate is 10 % per year? (please use present value tables in Appendix A) A) B C) $950,000 $1,068,391 $626,485 $1,111,758 D) E) None of the above
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