1. On January 1, 2009, a company issued and sold a $570,000, 6%, 5-year bond payable and received proceeds of 560,000. Interest is payable cach June 30 and December 31. What is the semi-annual Bond Interest Expense? 2. A company issued 10%, 5-year bonds with a par value of $600,000. The market rate when the bonds were issued was 8%. The company received $613,600 cash for the bonds. What is the semi-annual Bond Interest Expense? 3. A company issued 7%, 5-year bonds with a par value of $900,000. The market rate when the bonds were issued was 7.5%. The company received $885,000 cash for the bonds. What is the amount of interest expense for the first semiannual interest period? 4. Please discuss the advantages of issuing Bonds as a method to raise capital (cash). Then also mention disadvantages. 5. Eniro. Company issues 8%, 10 year bonds with a par value of $250.000. The market rate at the date of issue was 10% and the selling price was 87 % %. What is the semi-annual bond interest expense