On July 1, 2019, $20 million face amount of 8%,12-year bonds were issued. The bonds pay Interest on an annual basis on June 30 each year. The market interest rates were slightly higher than 8% when the bonds were sold. Required: a. How much interest will be pald annually on these bonds? (Enter your answer in whole dollar, not in millions) b. Were the bonds issued at a premlum or discount? c. Will the annual Interest expense on these bonds be more than, equal to, or less than the amount of Interest paid each year