Check On July 1, 2019. $6.0 million face amount of 8% 12 year bonds were issued. The bonds pay interest on an annual basis on June 30 each year. The market interest rates were slightly higher than 8% when the bonds were sold. Required: a. How much interest will be paid annually on these bonds? (Enter your answer in whole dollar, not in millions) b. Were the bonds issued at a premium or discount? c. Will the annual interest expense on these bonds be more than, equal to or less than the amount of interest paid each year? D Annual interest payment Bonds issued Annual interest expense will be