View Policies Current Attempt in Progress Crane Inc. Issued $684,000 of 10-year, 9% bonds on January 1, 2021. Interest is to be paid semi-annually. The market interest rate was 10% What is the face value of the bond? When will this be paid? Face value of the bond When will it be paid e Textbook and Media What interest rate will be used to determine the price of the bond? (Hint: Provide the annual rate.) Interest rate eTextbook and Media How many interest payments will be made over the life of the bond Number of interest payments How many interest payments will be made over the life of the bond? Number of Interest payments e Textbook and Media What will the interest payments be every six months? Interest payments every six months $ e Textbook and Media