Question: Multiple-Choice Exercise 9-9 Sean Corp. issued a $40,000, 10-year bond, with a stated rate of 8%, paid semiannually. How much cash will the bond investors

Multiple-Choice Exercise 9-9 Sean Corp. issued a $40,000, 10-year bond, with a stated rate of 8%, paid semiannually. How much cash will the bond investors receive at the end of the first interest period? a. $4,000 b. $3,200 c. $1,600 d. $800

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