QUESTION 1 1 poir A company issued 10-year, 8% bonds with a par value of $400,000. Interest is paid semiannually. The market rate on the issue date was 7.5%. The company received $413,896 in cash proceeds. Which of the following statements is true? O a. The company must pay $400,000 at maturity plus 20 interest payments of S16,000 each. Ob. The company must pay $400.000 at maturity plus 20 interest payments of S15,000 each. Oc. The company must pay $413,896 at maturity plus 20 interest payments of $16,000 each. Od. The company must pay $400,000 at maturity and no interest payments