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On Jaruary 1, Forward Company issues bonds that have a 523,000 por value, mature in 4 yeark, and pay 7k tnterest per yeat. interest payments

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On Jaruary 1, Forward Company issues bonds that have a 523,000 por value, mature in 4 yeark, and pay 7k tnterest per yeat. interest payments are pald to bondhaiders Semeanmally on June 30 and December 31. How much interest does Fonward Comgany pay to bonatholders every cox months if the bonds are sold at par? Mulepie cheice 1605 $3220 16.440 *i.270

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