Eramble Ltd.lauad Eve-year bonds with a fee vee of $120,000 on January 1. The bonds have a coupon Interest rate of 5% and Interest la peldami-annually on June 30 and December 31. The market Interest rete was 5% when the bonds were lasued at a price at 94 la) Using above Information, determine the proceeds received by the company when the bonds were lasued. Proceeds from le of the bonds 5 Textbook and Media Sufer Later Attempts: unlimited Submit.Answer Sheffield Hino Ltd. lowed fiveyear bonds with a foce velue of $180.000 on January 1. The bonds have a coupon lineer at rate of 7% and Interest la peld aml-annually on June 30 and December 31. The market Interest rate was 5% when the bonds were lasued at a price of 107 la) Using above Information, determine the proceeds received by the company when the bonds were lasued. Proceeds from we of the bonda e Textbook and Media