On March 1, 2024, Baddour, Incorporated, issued 10% bonds, dated January 1, with a face amount of $160 million. The bonds were priced at $142.25 million (plus accrued interest) to yield 12%.

a) What is the present value of the bonds?
b) What is the accrued interest?
c) What is the annual interest payment?
d) What is the yield to maturity?