Company X provides Company Z with a piece of equipment worth $100,000 on April 1,2027 . In exchange, Company Z issues Company X a promissory note in the amount of $120,000, due on March 31, 2030. Since no cash is exchanged, neither Company X or Company Z recognize an economic event in their general ledger. Rather, the matter is disclosed, if considered material. 1) True 2) False Measuring using time value of money concepts Question 4 (1 point) WM Corporation issues $800,000 of 7% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Both the contract and market rate of interest are stated in annual terms. Compute the issue price of the bonds. Your