Bond Valuation Par Value: Jan 1 $500,000 Bond term, in years 8 Interest Payments June 30 & Dec 31 Stated Interest Rate 12% Market Interest Rate 8% It is strongly suggested you solve the problem before attempting to answer the Canvas questions. The bond tables are also in the Ch 10 Canvas module for your reference. Question at position 3 3 2 points Question 3 is unpinned. Click to pin. Question at position 3 What is the amount of each interest payment? What is the amount of each interest payment? $20,000 $30,000 $40,000 $60,000