c) Which item from part (b) will ffect EE's crent ior wl EE S Cunent ratio Increase or decrease as a result of this item? Question 5:(9 marks) Millington Industries Ltd. borrowed money by issuing a $30,000, 6.4%, 10-year bond. Interest is to be paid every six months (semi-annually). Assume the issue price was 89 on April 1, 2019. a) How much cash did Millington Industries receive when it issued the bond? b) How much must Millington Industries pay back at maturity? When is the maturity date? c) How much cash interest will Millington Industries pay each six months? d) How much interest expense will Millington Industries report each six months? Assume the straight-line amortization method. 5 ALGONQUIN centre for Continuin COLLEGE : onune Learning up