Market Yield Rates and Bond Values Smith & Company issued $100 million maturity value of ten-year bonds, which carried a coupon rate of six percent, with interest paid semiannually. At the time of the debt offering, equivalent risk-rated bonds were yielding eight percent. One year after the ten-year bond offering, yield rates had fallen to four percent; but, by the second anniversary of the bond sale, the yield rate on similarly risk-rated debt instruments had risen to ten percent. Calculate the proceeds from the sale of the six percent, ten-year bonds. Round your answer to the nearest dollar. $ 86.41 X Calculate the book value of the bonds after one year and after two years. Round answers to the nearest dollar. Year 1 $ 87.34 x Year 2 $ 88.35 X Calculate the market value of the bonds after one year and after two years. Round your answers to the nearest dollar. Year 1 $ 114.99 X Year 2 $ 78.32 X