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Use the following to answer questions 1-3 (Round answers to the nearest dollar) GLD Corp issues 8%, 10-year bonds with a total face amount of

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Use the following to answer questions 1-3 (Round answers to the nearest dollar) GLD Corp issues 8%, 10-year bonds with a total face amount of $1,000,000. The market interest rate for bonds of similar risk and maturity is 8.1%. Irterest is paid semiannually, DO NOT ROUND YOUR ANSwERS UNTIL YOU FULLY COMPLETE THE PROBLEM SET. 1. $ How much will be paid in interest each interest payment? 2. $ (rounded to nearest dollar). What is the present value of the interest payments? 3 (rounded to nearest dollar). What is the issue price of the bond

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