More info a. Sully Corporation issued bonds in the amount of $100,000 that will be paid in four years. Interest of $13,000 is payable annually each December 31 with the first interest payment at the end of the year on December 31, 2023. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? b. Master Corporation issued bonds in the amount of $900,000 that will be paid in 10 years. Interest of $18,000 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the period on June 30, 2023. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? Print Done