On 2018-01-01, ABC issued 6% bonds, with a face amount of $20000. The bonds mature on 2021-01-01. The effective interest
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On 2018-01-01, ABC issued 6% bonds, with a face amount of $20000. The bonds mature on 2021-01-01. The effective interest
On 2018-01-01, ABC issued 6% bonds, with a face amount of $20000. The bonds mature on 2021-01-01. The effective interest rate for similar bonds is 5%. . Interest is paid semiannually on Jan and Jul. The price of the bond was: Answer: