Kelly industries issued 11% bonds, dated January 1, with a face value of $160,000 on January 1, 2021. The bonds mature in 2031(10 years). interest is paid semi annually on June 30 and December 31. For bonds of similar risk and maturity the market yield is 12%. What was the issue price of the bonds?

Kelly Industries sued beds dated Jury watace value of 0.00 on 2021. The bond 2010 December Fotos and many the market is 12 What was the price of the EGSPYSSLESS VADOVADS Use apropriate action the les provided Hels MO 5100 S14 $50,823 $152.284