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Boeing Company issues bonds with a face value of $6,000,000 and a stated interest rate of 5%. The bonds mature in 30 years and pay

ยทBoeing Company issues bonds with a face value of $6,000,000 and a stated interest rate of 5%. The bonds mature in 30 years and pay interest semi-annually. Compute the semi-annual interest payment and the total interest expense over the life of the bonds.

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