on june 30, 2024, single computers issued 6% stated rate bonds with a face amount of $100 million. the bonds mature on june 30, 2039 (15 years). the market rate of interest for similar bond issues was 6% (3.0% semiannual rate). interest is paid semiannually (3.0%) on june 30 and december 31, beginning on december 31, 2024. note: use tables, excel, or a financial calculator. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) required: determine the price of the bonds on june 30, 2024. calculate the interest expense single reports in 2024 for these bonds using the effective interest method.

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