Hw Score: 12%, 3 of 25 E12-21 (similar to) Hopkns Compary is plangtoissue$470,000 of 9%, 15year bonds payable to bonowfr.maer expansion. The owner, Franky Hopki, asks your ache on related matters Raquirement 1. Answer the following questions . At what type of bond price will Hopkins Company have total interest expense equal to the cash interest payments? b. Under which type of bond price will Hopkins Company's total interest expense be greator Disoount price han the cash interest payments? "the market itemst fato is 11%, what type of bond price ar, Hopkns Company expect for the bonds? Discount price Requirement 2. Compute the price of the bonds if the bonds are issued at 88. The price of the $470,000 bond issued at 88 is Enter any number in the edit fields and then click Check Answer Clear All Check Answer MacBook Air 3 5 6