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Tesla, Inc. issues a $200,000, 5-year bond with a stated interest rate of 8%, payable semi-annually. Calculate: a) The amount of cash received upon issuance.

Tesla, Inc. issues a $200,000, 5-year bond with a stated interest rate of 8%, payable semi-annually. Calculate: a) The amount of cash received upon issuance. b) The semi-annual interest payment. c) The total interest expense over the life of the bond. d) The book value of the bond after 3 years. e) Discuss the advantages and disadvantages of issuing bonds compared to other forms of financing.

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