On January 1, 2016, Shoreside Company issued $800,000 of bonds at par value. The bonds mature in 10 years, have a stated interest rate of 5%, and pay interest semi annually on June 30, and December 31 of each year. How much interest will be paid at each semiannual interest payment? $20000 What will be the total interest paid over the life of the bond? $ 200000 How much principal will be repaid to the bond holders when the bonds mature? $800000