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

question 94

Multiple Choice

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

• A) $800.00
• B) $1,600.00
• C) $160.00
• D) $133.33

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