On June 30,2024 , Single Computers issued 6% stated rate bonds with a face amount of $300 million. The bonds mature on June 30 . 2039 (15 years). The market rate of interest for similar bond issues was 4% (2.0\% semiannual rate). Interest is paid semiannually (3.0\%) on June 30 and December 31 , beginning on December 31,2024. Note: Use tables, Excel, or a financial calculator. (EV of S1. PV of \$1. 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Determine the price of the bonds on June 30,2024 . Notes Rlound percentago answers to one decimal place. Round your final answers to nearest whole dollar amount, not in millions. On June 30,2024 , Single Computers issued 6% stated rate bonds with a face amount of $300 million. The bonds mature on June 30 . 2039 (15 years). The market rate of interest for similar bond issues was 4% (2.0\% semiannual rate). Interest is paid semiannually ( 3.0%) on June 30 and December 31 , beginning on December 31,2024. Note: Use tables, Excel, or a financial calculator. (EV of \$1. PV of \$1. EVA of \$1, 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. (8) Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the interest expense Single reports in 2024 for those bonds using the effective interest method. kote: Enter all the values as posiuve value, Round your final answers to nearest whole dollar amount, not in milions