Determining the Proceeds from Bond Issues Madison Corporation is authorized to issue 5900,000 of 7 -year bonds dated June 30, 2019, with a stated rate of interest of 1115 . Interest on the bonds is payable semiannually, and the bonds are sold on June 30,2019 . Required: Determine the proceeds that the company will recelve if it selis the following: (Click here to access the tables to use with this exercise and round your answers to two decimal places, if necessary.) 1. The bonds to yleid 12% 2. The bonds to yieid 10%