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inistration / ADMN2107N22W / Tests and Exams / Midterm Test An outstanding bond has a carrying value of $816,430, and a face value of $760,000 on January 1 of Year 3. The bond pays a semi- annual coupon every January 1 and July 1 using an annual coupon rate of 8.10%. The yield to maturity for the market yield) of the bond was 7.11% at the time of issue. (Assume semi-annual compounding for the annual interest rates.) What will be the carrying value of the bond on July 1 of Year 3 immediately after paying the coupon? of a $855,408 b. $794, 307 c. $835,041 d. $814,674 e. $773,940 s page Next page Imple Quiz Jump to Chapter 13 Slides