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On June 30, 2024. Single Computers issued 6% stoted rate bonds with a face amount of $100 million . The bonds moture on June 30

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On June 30, 2024. Single Computers issued 6% stoted rate bonds with a face amount of $100 million . The bonds moture on June 30 . on June 30 and December 31 , beginning on December 31,2024 Note: Use tables, Excel, or a financlal calculator, (EV of S1. BV of S1. EVA of S1. PVA of S1. EVAD of S1 ond PVAD of S1) Required: 1. Determine the price of the bonds on June 30,2024 2. Calculate the interest expense Single reports in 2024 foc these bonds using the effective interest method. Complete this question by entering your answers in the tabs below. Determine the price of the bonds on lune 30,2024. Note: Round percentape answers to one decimal plios. Round your final answers to nearest whole dolitar amount, not in miltions. On June 30,2024 . Single Computers issued 6% stated rate bonds with a face amount of $100 million. The bonds mature on June 30 . 3039 (15years) The market rate of interest for similar bond issues was 6% ( 30% semiannual ratel interest is paid semiatinually ( 30% ) on June 30 and December 31 , beginning on December 31,2024 Note: Use tables, Excel, or a financial calculotor. (FV ofS1. PV of S1, EVA of S1, PVA of S1. EVAD of S1 and PVAD of S1) Required: 1. Determine the price of the bonds on June 30,2024 2. Calculate the interest expense Single reports in 2024 for these bonds using the effective interest method Complete this question by entering your answers in the tabs below. Calculate the interest expense Single reports in 2024 for these bonds using the effective interest mothod. Note: Enter all the values as positive value. Round your final answers to nearest whole dollar amount, not in mulifions

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