A company issues $500,000 worth of bonds, paying interest at j (2) = 6 %. A

sinking fund with semiannual deposits accumulation at j (2) = 7.2 % is established

to redeem the bonds at the end of 10 years. Find the semiannual expense of the

debt. What is the book value of the companys debt at the end of the 7 th year?

the semiannual expense of the debt is?

the book value of the companys debt at the end of the 7 th year is?