Question: ABC issues bonds to help pay for a new acquisition. The face value of the bonds being issued is $ 1 5 0 , 0

ABC issues bonds to help pay for a new acquisition. The face value of the bonds being issued is $150,000.The bonds will be repaid in 10 years. The coupon rate on the bonds is 8%.The bonds pay interest semi-annually.
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Question 11 pts
If the market rate at the time of issuance was 6%, how much interest will be paid to bondholders every six (6) months?

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