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How much is the total amount paid to bondholders

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Question - On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at a premium, for a total of $20,750. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On June 30, 2013, how much is the total amount paid to bondholders?

a. $276.67

b. $800.00

c. $1,660.00

d. $830.00

Reference no: EM132608025

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