On January 2, 2021, Masterwear Industries Co. issued $700,000 of 12% bonds, authorized as of the same date. (Annual interest to be paid is $84,000.) Interest of $42,000 is payable in cash semi-annually on June 30 and December 31. The bonds will mature in three years, on December 31, 2023. The bonds were issued at their face amount to United Intergroup, Inc., the lender and sole investor in the bonds, who plans to hold the bonds to their maturity. How to do calculate the present value/price of the bonds?

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.