Question: For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond.

For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond. $12,000 First Income Fund 5-year bond at 1.75% A. The semiannual interest payment is $10,500.00, and the total interest earned is $105,000.00. B. The semiannual interest payment is $102.00, and the total interest earned is $1,020.00. OC. The semiannual interest payment is $210.00, and the total interest earned is $1,050.00. OD. The semiannual interest payment is $105.00, and the total interest earned is $1,050.00.

For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond. $12.000 First income Fund 5 -year bond at 1.75% A. The semiannual interest payment is $10,500.00, and the total interest earned is $105,000.00. B. The semiannual interest payment is $102.00, and the total interest earned is $1,020.00 C. The semiannual interest payment is $210.00, and the total interest earned is $1,050.00. D. The semiannual interest payment is $105.00, and the total interest earned is $1,050.00

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