Question: 3 Help Save & Exit company issues 7%, 8-year bonds with a par value of $210,000 on January 1 at a price of $223,189, when

 3 Help Save & Exit company issues 7%, 8-year bonds with

3 Help Save & Exit company issues 7%, 8-year bonds with a par value of $210,000 on January 1 at a price of $223,189, when the market rate of interest was 5%. The bonds ay interest semiannually. The amount of each semiannual interest payment is: Multiple Choice 57.350 $14.700 $6.300 $12.500 SO

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