On July 1, 2023, CWS Limited issued bonds with a face value of$920,000 due in 20 years, paying interest at a face rate of 8% onJanuary 1 and July 1 each year. The bonds were issued to yield 9%.The On July 1,2023 , CWS Limited issued bonds with a face value of \( \$ 920,000 \) due in 20 years, paying interest at a face rate of \( 8 \% \) on January 1 and July 1 each year. The bonds were issued t 1 answer