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On June 30,2024, single Computers 15sued8% stated rate bonds with a foce amount of $100 million. The bonds mature on June 30 , 2039 (15

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On June 30,2024, single Computers 15sued8% stated rate bonds with a foce amount of $100 million. The bonds mature on June 30 , 2039 (15 years). The market rate of interest for similar bond issues was. 6%(3.0% semiannual rate). interest is paid semiannualy ( 4.0%) on June 30 and December 31 , beginning on December 31, 2024 Note: Use tobles, Excel, or effnancial caiculetor. (FV of S1. PV of S1, PVA 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 Calculote 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. Determine the price of the bonds on June 30,2024 . Determine the price of the bonds on June 30,2024 : Notet Round percentage answers to one decimal place, Round veue final anmiers to nearent whole dollar amount, not in millions

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