QUESTION 11 On January 1, 2015 XYZ Company issued 10,000,000 of 12% bonds. Interest is payable semiannually on June 30 and Dec 31. The bonds mature in 4 years. The market yields for bonds of similar risk and maturity 10 Requirement Determine the price of the bond. (Hint calculate PV of interest & principio) 3 points) 2. Prepare the transaction for issuance of the bonds (....3 points) 3. Prepare the transaction for the first interest payment at Jun 30,2015 ... 3 points) 31120 T