Question: Amazon.com, Inc. issues bonds with a face value of $2,000,000 and a stated interest rate of 7%. The bonds mature in 15 years and pay

·Amazon.com, Inc. issues bonds with a face value of $2,000,000 and a stated interest rate of 7%. The bonds mature in 15 years and pay interest semi-annually. Compute the semi-annual interest payment and the total interest expense over the life of the bonds.

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