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What is the issue price of $20,000,000 10 year 9% bonds that were sold on March 1, 2020 ? Interest is paid semi-annually on June

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What is the issue price of $20,000,000 10 year 9% bonds that were sold on March 1, 2020 ? Interest is paid semi-annually on June 30 and December 31. (Hint: the issuance price also includes accrued interest from January 1 to March 1) $19,400,000 $20,450,000 $19,100,000 $19,700,000

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