Tesla, Inc. issues a $400,000, 8-year bond with a stated interest rate of 6%, 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 5 years. e) Discuss the advantages and disadvantages of issuing bonds as a form of financing.