+ Back to 22/11 28/11 Question 5 Not yet anwar Marted out of 200 r Tag Time On January 1, 2018. Oman Cables Industry (SAOG) issued 12% bonds dated January 1 2018 with a principal amount of OR20 million The bonds mature in 2027 (10 years) For bonds of similar nsk and maturity, the market yield is 10% Interest is paid semiannually on June 30 and December 31 Note: To determine the price of bonds you should use tables (2) present Value of $1 and (4) present value of an ordinary annuity of$1 to find the appropriate PV factors to calculate the interest and principal 1) The price of the bonds on January 1, 2018, is OR 22,492,452 this answer true or false Select one True o False