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Lexi incorporated issued 2,000 five-year, semi annual bonds with $1000 face value and 8% coupon rate on June 30,2018z at the date of their issue,

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Lexi incorporated issued 2,000 five-year, semi annual bonds with $1000 face value and 8% coupon rate on June 30,2018z at the date of their issue, the market rate was 4%. What is the present value of the interest payments related to the bond issuance ? A) $648,871.66 B)$594,826.53 C)$652,978.94 D) $718,606.80

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