Question: Please hurry will upvote Your Company issued a $2,000,000 face value bond on January 1. 2021. The 20 -year term bond was issued at 102

Please hurry will upvote Your Company issued a $2,000,000 face value

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Your Company issued a $2,000,000 face value bond on January 1. 2021. The 20 -year term bond was issued at 102 and had a 2.8% stated rate of interest that is semiannually on June 30 and on December 31 st of each year. What is the semiannual interest expense recorded when the bondholders are paid? $30,000 $28,000 $29.000 527,000 $26,000

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