The bonds were issued @ 8753785 to yield an effective market rate of 10% Interest is payable semi-annually on July 1 and Jessica Corporation issued $4,000,000, 5-year, 8% bonds on January 1, 2017 January 1. Financial statements are prepared on December 3151 How much cash was received from the sale of the bonds? The bonds were issued @ 8753785 to yield an effective market rate of 10% Interest is payable semi-annually on July 1 and Jessica Corporation issued $4,000,000, 5-year, 8% bonds on January 1, 2012 January 1. Financial statements are prepared on December 31st How much interest is paid every six months on the bond? Jessica Corporation issued $4,000,000, 5-year, 8% bonds on January 1, 2012. The bonds were issued @ 87.53785 to yield an effective market rate of 10 %. Interest is payable semi-mally on July 1 and Jamuary 1. Financial statements are prepared on December 31st How much cash was received if the bonds were sold at 103 instead? The bonds were issued @ 8753785 to yield an effective market rate of 10% Interest is payable semiannually on July and Jessica Corporation issued $4,000,000, 5-year, 8% bonds on January 1, 2012 January 1. Financial statements are prepared on December 31st If the bonds had been sold at 103, how much interest would be paid every six months