Question $2(2$ points$)$Barnes Corp. issues $$800,000$ of $9\%,20-$year bonds. The bonds are dated January $1,2011,$ and are due in $20$ years on January $1,2031.$ Interest is paid semi$-$annually each June $30$ and December $31.$ All the bonds are sold at their par value. Calculate the interest$ $.$

Answer rating: 100% (QA)

To calculate the interest payment on Barnes Corps bonds we need to det... View the full answer