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On January 1, 2020 ABC, Inc issued bonds with a nominal value (ace value) of $ 150,000 at ten years at 10% per annum for

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On January 1, 2020 ABC, Inc issued bonds with a nominal value ("ace value") of $ 150,000 at ten years at 10% per annum for S157,360 when the interest rate in the market was 89% What will be the total cash that will pay in interest for the year 2020? Multiple Choice $ 12,589 S15,000 S15736 $ 12,000 (Prov 10 of 52 Next >

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