Kilbeggan Distilling Company issued 10-year, 9% bonds with a par value of $290,000. Interest is paid semiannually. The market rate on the issue date was 8%. Adonis received $309,709 in cash proceeds. Which of the following statements is true? Multiple Choice Kilbeggan Distilling Company must pay $290,000 at maturity plus 20 interest payments of $13,050 each Kilbeggan Distilling Company must pay $290,000 at maturity and no interest payments. Kilbeggan Distilling Company must pay $290,000 at maturity plus 20 interest payments of $11600 each Kilbeggan Dating Company must pay $308 709 at maturity and no interest payments