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On January 1, GHI Corporation issued four-year bonds with a face value of $100,000. The...

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Accounting

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On January 1, GHI Corporation issued four-year bonds with a face value of $100,000. The bonds have a stated interest rate of 4 percent. When the bonds were issued, the market interest rate was 5 percent. The bonds pay interest once per year on December 31 Determine the amount that Gil received at Issuance. Your answer should be rounded to the nearest full dollar (e., no cents).( Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1 Numeric Response 82270

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