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-------------------------- A $3200 face value bond with a quoted price of 99 is selling for O $99. O $3186. O $3200. O $3168. Marigold Company
-------------------------- A $3200 face value bond with a quoted price of 99 is selling for O $99. O $3186. O $3200. O $3168. Marigold Company received proceeds of $197160 on 10-year, 7% bonds issued on January 1, 2021. The bonds had a face value of $212000, pay interest annually on January 1, and have a call price of 101. Marigold uses the straight-line method of amortization. What is the amount of interest Marigold must pay the bondholders on January 1, 2022? $16040 O $14840 O $13721 $13356
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