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Autoparts Inc. issued 190000 of 8%, five-year bonds at a price of 90 on January 31, 2021 (Note: When the issue price of bonds is
Autoparts Inc. issued 190000 of 8%, five-year bonds at a price of 90 on January 31, 2021 (Note: When the issue price of bonds is provided, as in this case, you do not need to calculate it yourself; just use the stated price.). The market interest rate at the date of issuance was 10%, and the standard bonds pay interest semi-annually. How much cash will Autoparts Inc. pay back at maturity on January 31, 2026
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