Accounting for Bonds In early July of year-1, Bedford issued bonds with a total par value of $6 million. The 15-year bonds had an 8% contract rate of interest, but were issued to yield a market rate of 9%. The bonds pay interest to investors on June 30 and December 31. a. Compute the issue amount that Bedford received from investors in July of year-1. b. Compute Bedford's total interest expense over the 15-year life of the bond issue. $ c. Compute the amount of interest expense associated with these bonds that Bedford will report in its income statement for the year ending December 31, year-2: $ d. Compute the carrying value of the bond issue in Bedford's balance sheet immediately after it makes its 25th semiannual interest payment. $