15.On January 1, 2014 bonds with a face value of $1,000,000 were sold. The bonds mature on January 1, 2024. The stated rate of interest is 12% annually. The bond pay interest semiannually on July and January 1. The market rate of interest is 10%. What was the selling price of the bonds?
G.None of the above.
(20 Points) EXERCISE SECTION
Prepare Nyman’s statement of cash flows and free cash flow
Nyman Travel Products, Inc.
Year Ended December 31, 2016