The American Utility Company of Ohio is offering $750 million of 8% bonds at a price of 99.25% of par value. An investor who buys the bonds will receive yearly interest of:

Group of answer choices

$80.00 per $1,000 of face amount

$99.25 per $1,000 of face amount

$750.00 per $1,000 of face amount

$1,000.00 per $1,000 of face amount