Zero Coupon Bonds pay no interest the only cash investors recieve is the lump sum principle payment at maturity. on January 1 20x1. The ledge in issued 250 million of zero coupon bonds at a market yield rate of 12%. The bonds mature in 20 years. WHat was the January 1, 20x1 issue price of these zero coupon bonds? How much interest expense will The Ledge record the bonds in 20x2?