Kalahari Limited On January 2, 2019, this company issued 1,000,000, 10-year bonds for $1,150,000. The bonds pay interest on June 30 and December 31. The stated rate is 10% and the market rate is 8%. The company plans to use the effective Interest method of amortizing bond discounts and premiums. Refer to Kalahari Limited. The semiannual cash payment on the bonds is C. 46,000 b. 542,400 $40,000 d. $50,000