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x Dve Thurs Bond Practice o On January 1, 2013, Northern Idaho Transportation Inc. issued $100,000 12%, five-year bonds. The market rate of interest is

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x Dve Thurs Bond Practice o On January 1, 2013, Northern Idaho Transportation Inc. issued $100,000 12%, five-year bonds. The market rate of interest is 15%. o The company pays interest on April 30, August 31 and December 31. o Solve the above problem using the following Effective Interest Rate Method o On January 1, 2013, Northern Idaho Transportation Inc. issued $100,000, 15%, five-year bonds. The market rate of interest is 12%. o The company pays interest on April 30, August 31 and December 31. o Solve the above problem using the following Effective Interest Rate Method

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