The cash proceeds the company will receive when the bonds mature equal $46866.
When bonds are redeemed at maturity, they are always redeemed at face value since by then any bond discount or the premium would have become zero, plus the last interest payment.
Cash proceeds = Maturity amount + interset
= $46,000 + ($46,000 x 7% x 1/2) assuming semi-annual interest payments
= $46,000 + $1,365 = $47,365
Cash proceeds = Maturity amount + interset
= $43,800 + ($43,800 x 7%) assuming annual interest payments
= $43800 + $3066 = $46866
Learn more about maturity value here:-https://brainly.com/question/9099365
#SPJ4
