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Please answer C, thank you Wildhorse Corp. issued $ 590,000 of 3-year, 5%...

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Accounting

Please answer C, thank you

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Wildhorse Corp. issued $ 590,000 of 3-year, 5% bonds on May 1, 2021. The market interest rate when the bonds were issued was 8%. Interest is payable quarterly. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Your Answer Correct Answer Your answer is correct. What is the number of interest payments that will be made over the life of the bond? Number of interest payments 12 payments eTextbook and Media Solution List of Accounts Attempts: 1 of 1 used (b) Your Answer Correct Answer Your answer is correct. How much interest will be paid each period? Interest $ 7375 e Textbook and Media Solution List of Accounts Attempts: 1 of 1 used Question Part Score 2/2 (c) Determine the price of the bond. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, e.g. 15.75.) Price of the bond $ List of Accounts Save for Later Attempts: 0 of 1 used Submit

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