Check my work Exercise 5-17 (Algo) Price of a bond; interest expense (LO5-9, 5-10) points On June 30, 2021, Singleton Computers issued 6% stated rate bonds with a face amount of $300 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 4% (2.0% semiannual rate). Interest is paid semiannually (3.0%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1, PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Skipped eBook Required: 1. Determine the price of the bonds on June 30, 2021. 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to o decimal place. Round your final answers to nearest whole dollar amount.) References Table values are based on: Amount Present Value Cash Flow Interest Principal Price of bonds Required 2 > Check my work Exercise 5-17 (Algo) Price of a bond; interest expense (LO5-9, 5-10) points On June 30, 2021, Singleton Computers issued 6% stated rate bonds with a face amount of $300 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 4% (2.0% semiannual rate). Interest is paid semiannually (3.0%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1, PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Skipped eBook Required: 1. Determine the price of the bonds on June 30, 2021. 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to o decimal place. Round your final answers to nearest whole dollar amount.) References Table values are based on: Amount Present Value Cash Flow Interest Principal Price of bonds Required 2 >