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Question 11 (2 points) Vesper Corp. issues a bond that has a stated interest rate of 12%, face amount of $50,000, and is due in

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Question 11 (2 points) Vesper Corp. issues a bond that has a stated interest rate of 12%, face amount of $50,000, and is due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 10%. What is the issue price of the bond? $52,165 $46,320 $61,600 $50,000 $53,860

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