On January 1,2013,Davie Services Issued $20,000 of 8% Bonds That

question 97

Multiple Choice

On January 1,2013,Davie Services issued $20,000 of 8% bonds that mature in five years.They were sold at discount,for a total of $19,000.The bonds pay semiannual interest payments on June 30 and December 31 of each year.On June 30,2013,how much is the total amount paid to bondholders?

• A) $253.33
• B) $1,520.00
• C) $760.00
• D) $800.00

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