eBook On July 1, Somers Inc issued $250,000 of 10%, 10 year bonds when the market rate was 12%. The bonds paid interest semi-annually. A. Assuming the bonds sold at 59.55, what was the selling price of the bonds? B. Explain why the cash received from selling this bond is different from the $250,000 face value of the bond, Investors can eam a in other similar bonds to the bond sellist Check My Work Previous 1:34 AM 11/20/2020 o earch