Current Attempt in Progress Marigold Company issued $980,000 of 8%, 5-year bonds at 106. Interest is paid annually, and the effective interest method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds.

Marigold Company issued $980,000 of 8%,5year bonds at 106 . Interest is paid annually, and the effective interest method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds. How much interest is paid each interest period? Interest paid s eTextbook and Media Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above