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Bonds Issued at a Premium (Effective Interest) Haley Industries issued $100,000 of 7%,7-year bonds on January 1,2024 , with a $5,582 premium. Interest is paid

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Bonds Issued at a Premium (Effective Interest) Haley Industries issued $100,000 of 7%,7-year bonds on January 1,2024 , with a $5,582 premium. Interest is paid annually on December 31 . The market rate of interest is 6%. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below

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