scottie adams bird supplies issued 9% bonds, dated january 1, with a face amount of $220,000 on january 1, 2024. the bonds mature in 2033 (10 years). for bonds of similar risk and maturity the market yield is 8%. interest is paid semiannually on june 30 and december 31. what is the price of the bonds on january 1, 2024? some relevant and irrelevant present value factors: * pv of annuity due of $1: n
