Question: valu: 1.66 points Exercise 14-3 Computing bond interest and price; recording bond issuance LO Bringham Company issues bonds with a par value of $800,000 on

valu: 1.66 points Exercise 14-3 Computing bond interest and price; recording

bond issuance LO Bringham Company issues bonds with a par value of

$800,000 on their stated issue date. The bonds mature in 10 years

valu: 1.66 points Exercise 14-3 Computing bond interest and price; recording bond issuance LO Bringham Company issues bonds with a par value of $800,000 on their stated issue date. The bonds mature in 10 years and pay 6% annual interest in semiannual payments. On the issue date, the annual market rale for the bonds is 8%CableB.1 TableB2. Table B 3. and Table (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? SemiannualSemiannual cash interest payment Par (maturity) value Rate 800,000 24.000

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