QUESTION 13 Assume that the following information is relevant for one of the bond issues of Chris Company: Face value Bond term $800,000 15 years Stated interest rate 12% Market interest rate 8% July 1, 2012 June 30 and December 31 each year (paid semiannually) Issue date Interest payment dates The total amount of interest expense to be recognized on December 31, 2012 (the first interest payment date) using the straight line interest method is: $52,549.12. $65,584.96 O $72,737.28. $43,056.64. none of the above. QUESTION 14 Assume that the following information is relevant for one of the bond issues of Chris Company: Face value $800,000 Bond term 15 years Stated interest rate 12% Market interest rate 8% July 1, 2012 June 30 and December 31 each year (paid semiannually) Issue date Interest payment dates The amount to be repaid to bondholders on the maturity date is: $2,065,952. O S800,000. $400,000. $720,000. none of the above