Stanford issues bonds dated January 1,2027, with a par value of \(\$ 500,000\). The bonds' annual contract rate is \(9\%\), and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is \(12\%\), and the bonds are sold for \(\$ 463,140\). Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? \begin{tabular}{|l|l|}\hline \multicolumn{2}{|l|}{Total Bond Interest Expense Over Life of Bonds:}\\\hline \multicolumn{2}{|l|}{Amount repaid:}\\\hline \(\square \) & \(\square \)\\\hline Par value at maturity & \(\square \)\\\hline Total repaid & \(\qquad \)\\\hline Less amount borrowed & \(\square \)\\\hline Total bond interest expense & \$ 0\\\hline \end{tabular} Previous Required 3 Prev 6 of 7 Next