Question 7 (1 point) Hambelton Ltd. issued $4,000,000 of 5% bonds payable on 1 September 20x9 to yield 4%. Interest on the bonds is paid semi-annually and is payable each 28 February and 31 August. The bonds were dated 1 March 20x8, and had an origina term of five years. The accounting period ends on 31 December. The effective- interest method is used. What is the price of the bond? $3,482,240 $4,000,000 $4,129,439 $4,322,713