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BGN Company issued a $400,000 bond on January 1, 2019 with a coupon rate of 11% and a market rate of 7%. The company pays
BGN Company issued a $400,000 bond on January 1, 2019 with a coupon rate of 11% and a market rate of 7%. The company pays interest semi- annually (6/30 and 12/31). The issue price was $438,131. What is the total net cash change (cash inflows - cash outflows) for BGN Company related to this bond for the year 2019? (Only include the number in your answer, no + or -or $)
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