On January 2, 2016, Roof Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. At the maturity date, besides an interest payment, Roof Master would repay the bondholders
a. $574,540.
b. $520,000.
c. $500,000.
d. only the last interest payment.
c
Business
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