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Starlight Drive-Ins borrowed money by issuing $5,500,000 of 4% bonds payable at 96.5 . Interest is paid semiannually. Requirements 1. How much cash did Starlight recelve when it issued the bonds payable? 2. How much must Starlight pay back at maturity? 3. How much cash interest will Starlight pay each six months? Requirement 1. How much cash did Starlight receive when it issued the bonds payable? Amount of cash Starlight receved when the bonds payable were issued = Requlrement 2. How much must starfight poy back at mafurity? At maturity, Staright must pay back Requirement 3. How much cash interest will Starlight pay each six months? Every sax months, staright will pay interest of