On January 1, Forward Company issues bonds that have a $23,000 par value, mature in 4 years, and pay 7% interest per year. Interest payments are paid to bondholders semiannually on June 30 and December 31. How much interest does Forward Company pay to bondholders every six months if the bonds are sold at par? Multiple Choice $11,270 $805 $3,220 $6,440

On January 1, Forward Company issues bonds that have a $23,000 par value, mature in 4 years, and pay 7$ interest per year Interest poyments are paid to bondholders sem annually on June 30 and December 31 . How much interest does Forward Compony pay to bondholders every six months if the bonds are sold at par? Multigle Choice 511,270 $805 53220 $6.440