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A company issued 9%, 15-year bonds with a face amount of S100 million. The market yield for bonds of similar risk and maturity is 8%

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A company issued 9%, 15-year bonds with a face amount of S100 million. The market yield for bonds of similar risk and maturity is 8% Interest is paid semiannually. At what price did the bonds sel? (FV of $1. PV of S1, EVA of $1. PVA of S1, EVAD of $1 and PVAD 01:51) (Enter your answers in whole dollars.) 55 Answer is complete but not entirely correct. Palce of bende s 119.899,465

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