On January 1, a company issues bonds: Par Value: Bond Term, in years: Interest Payments: Stated Interest Rate: Market Interest Rate: $500,000 8 Every June 30th & Dec 31st strongly suggested you solve the problem before attempting to answer the Canvas questions. The bond tables are also in the Ch 10 Canvas module for your reference. 12% 8% 3 2 points What is the amount of each interest payment? $20,000 $30,000 $40,000 $60,000 1 point How many interest payments will be made over this bond's life? Type your answer... 5 2 points How much will the bond sell for? Type your answer... 6 2 points How much is Interest Expense on the FIRST payment? Type your answer... 7 2 points How much is Interest Expense on the SECOND interest payment? Type your answer... 8 3 points How much is the Amortization of the Premium on the SECOND interest payment? Type your