Exemrse iii-.9 Computing bend interest and price; remrding bond issuance LU. P2 Jester Cempany issues bends with a par value of $590, an their stated issue date. The hands mature in 5 years and pay 9% annual interest in semiannual payments. [in the issue date, the annual market rate for 1e bands is 12%. {Use m1,1ae__3] 1. 1Il'lt'hat is 1e ameunt of each semiannual interest payment for 1ese bands? [Omit the "5" sign in yarur respenseJ 5 SemiannUal interest paymern I 2. How many semiannual interest payments will be made on these bands ever their life? Number at payments