onJanuary 1, 2024, splash city issues $500,000 of 9% bonds due in 20years with interest payable semi annually on June 30 and December31 each year. Assuming the market interest-rate on the issue day Required information [The following information applies to the questions displayed below] On January 1,2024 , Splash City issues \\( \\$ 500,000 \\) of \\( 9 \\% \\) bonds, due in 20 years, with inter 2 answers