QS 14-5 Issue of bonds at par between interest dates 103 Page 965 Purity Vegetable Corp. issued $200,000 of 6% bonds on November 1, 2020, at par value. The bonds were dated October 1, 2020, and pay interest each April 1 and October 1. Record the issue of the bonds on November 1, 2020. QS 14-6 Calculating the price of a bond using PV tables (or business calculator PV function) 104 On August 1, 2020, Billboard Inc. issued $520,000 of 10%, seven-year bonds. Interest is to be paid semiannually. Calculate the issue price of the bonds if the market interest rate was: a. 12% b. 10% c. 14%