QUESTION 8 A company borrows $40,000 and issues a 3-year, 10 % installment note with interest payable annually. The factor for the present value of an annuity at 10 % for 3 years is 2.4869. The factor for the present value of a single sum at 10 % for 3 years is 0.7513. The amount of the annual interest payment is $16,084.28. True False QUESTION 9 The use of debt financing always yields an increase in return True equity on False QUESTION 10 Morgan Company issues 9% , 20-year bonds with a par value of $750,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is. $33,750. $30,000. O $60,000. O $67,500. O $375,000