Question: For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest eamed over the life of the bond.
For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest eamed over the life of the bond. $30,000 FI National Corporation 15-year bond at 4.5% O A. The semiannual interest payment is $67,500, and the total interest eared is $2,025,000. OB. The semiannual interest payment is $675, and the total interest earned is $20,250. OC. The semiannual interest payment is $60, and the total interest earned is $18,000. OD. The semiannual interest payment is $1,350, and the total interest eamed is $20,250
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