A company issues 9% bonds with a par value of $100,000 at par on April 1.The bonds pay interest semi-annually on January 1 and July 1.The cash paid on July 1 to the bond holder(s)is:
A)$1,500.
B)$3,000.
C)$4,500.
D)$6,000.
E)$7,500.

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The Answer of A company issues 9% bonds with a par value of $100,000 at par on April 1.The bonds pay interest semi-annually on January 1 and July 1.The cash paid on July 1 to the bond holder(s)is:
A)$1,500.
B)$3,000.
C)$4,500.
D)$6,000.
E)$7,500.

A Company Issues 9% Bonds with a Par Value of $100,000