Check my work On January 1, a company issued 8%, 15-year bonds with a face amount of $70 million for $64,298,892 to yield 9% Interest is paid semiannually. What was interest expense at the effective interest rate on June 30, the first interest date? (Enter your answers in whole dollars. Round percentage answers to 1 decimal place le.g. 0.0234 should be entered as 23).) Elective Rate ) - Amount 64,296,892 Interest Expense $ Apps YouTube G Image result for pla... Maps Web Store G Gmail Vocabulary--Market... Chapter 14 - Assignment 6 Saved Help Save & Exit Submit Check my work N A company issued 4%, 20 year bonds with a face amount of $84 million. The market yield for bonds of similar risk and maturity is 5% Interest is paid semiannually. At what price did the bonds sell? (FV of 51, PV of $1. FVA of $1. PVA of S1, FVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) points Table values are based on: 40 u 2.5% Amount Cash Flow Present Value Interest $ 84,000,000 Principal Price of bonds References