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Bateman Enterprises invested in the bonds of Greater Gloucester on January 1, 2018. These 10-year, $900,000 bonds pay interest of 2% with semiannual payments every

Bateman Enterprises invested in the bonds of Greater Gloucester on January 1, 2018. These 10-year, $900,000 bonds pay interest of 2% with semiannual payments every June 30 and December 31. The effective rate of interest for similar bonds on January 1 was 4%. What is the semi - annual interest payment received by Bateman for these bonds? O A. $9,000 OB. $18,000 OC. $10,500 OD. $7,500

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