QC9-12 (similar to) Question Help McCoy Corporation issued $250,000 of 6,6% 10 year bonds. The bonds are dated and sold on January 1, 2015. Interest payment dates are January 1 and My 1. The bonds are issued to yield the market interest rate of 7%. McCoy Corporation uses the effective interest method Using the P function in Excel, the price of the bonds (amount raised from Issuance) Is (Alamourts rounded to the nearest dolar) O A $250,717 OB. $239,917 OC. $250,000 OD. $241,117