Which of the following best explains what happens when a company or government issues bonds? a. the company or government pays bondholders to provide a specific good or service. b. the company or government goes into debt to those who purchase the bonds. c. the company or government sells a partial interest in its enterprise to bondholders. d. the company or government can spend money that doesn't yet exist. 2b2t

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?