Question: need some help on #5 please A company issues 9% bonds with a par value of $220,000 at par on January 1. The market rate

need some help on #5 please need some help on #5 please A company issues 9% bonds with

A company issues 9% bonds with a par value of $220,000 at par on January 1. The market rate on the date of issuance was 8%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is: Multiple Choice $19,800 $17,600 0 0 0 $9,900 $8,800. $0. O

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