Not yet answered Marked out of Question 29 WWL Corporation undertook a bond issue with the following details: Date of Issue: 1-1-2018 Date of Maturity: 1-1- 2.00 2028 F Fog question Face Value (par value)= $1,200,000 Issued @ 106 (106% of par value) Stated (contractual) interest rate=8%, to be paid semi- annually (on January 1 and July 1 of every year) Required: What is the total financing cost for this bond Issue? (Note: write your answer as a number only, with No commas or signs)