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Company Y issues a $10,000, 5-year bond with a stated interest rate of 8%, payable semi-annually. Calculate the amount of cash the company receives upon

ยท Company Y issues a $10,000, 5-year bond with a stated interest rate of 8%, payable semi-annually. Calculate the amount of cash the company receives upon issuance and the semi-annual interest payment. Also, compute the total interest expense over the life of the bond.

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