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Amaya Company issued 1,200 five year, semi-annual bonds with $1,000 face value and 6% coupon rate on June 30, 2018. At the date of their
Amaya Company issued 1,200 five year, semi-annual bonds with $1,000 face value and 6% coupon rate on June 30, 2018. At the date of their issue, the market rate was 4%. What is the present value of the interest payments related to the bond issuance? Select one: a. 323,373 b. 204,725 C.320,531 d. 169,685
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