Question 17 3 pts The cash received by a corporation issuing bonds will equal: The maturity payment plus the interest payments The present value of the stream of interest payments plus the present value of the maturity payment The present value of the interest payments O The present value of the interest payments plus the face value of the bonds Question 19 3 pts On January 1, 2020 Davison Corp, issues $1.200.000 in 10 year bonds that pay 4%. Interest payments are made semi-annually The market rate for bonds of similar riskiness is 5%. How much cash will Davison Corp. receive from this issuance of bonds? Exam Blank Excel Flie-1.xlsx $1050,453 31.106.454 $1.293.100 $1.200.000 3 pts D Question 20 On January 1, 2020 Davison Corp. issues $1.200.000 in 10 year bonds that pay 4% Interest payments are made semanal The market rate for bonds of similar riskness is 5% How much cash will Davison Corp. pay the bondholders for interest payment? $15.000 $48.000 O $30.000 $24.000 Question 21 3 pts On January 1, 2020 Davison Corp. issues $1.200,000 in 10 year bonds that pay 4% Interest payments are made semi-annually The market rate for bonds of similar riskiness is S% How much interest expense will Davison recognize when it makes its first interest payment? O $27.662 524.000 $48.000 $55,323 3 pts Question 22 Grossman, Inc. has 10 year bonds with a face amount of $400,000 and a carrying value of $420,345 as of 12/31/19. On June 30th, 2020, they pay their bondholders $12,000 and recognize $10.509 in interest expense. Please provide the June 30, 2020 carrying value after the interest payment. O $421.836 5418854 $408,345 $400.000