Adonis corporation issued 10-year, 11% bonds with a par value of $140,000. interest is paid semiannually. the market rate on the issue date was 10%. adonis received $148,725 in cash proceeds. which of the following statements is true? adidas must pay $110,000 at maturity plus 20 interest payments of $5,500 each.
adidas must pay $110,000 at maturity plus 20 interest payments of $6,050 each.
adidas must pay $110,000 at maturity and no interest payments.
adidas must pay $116,855 at maturity plus 20 interest payments of $6,050 each.
adidas must pay $116,855 at maturity and no interest payments.