Use the following information for questions.issued eight-year bonds with a face value of $1,000,000 and a stated interest rate of 6%, payable semiannually on June 30 and December 31.The bonds were sold to yield 8%.Table values are: 
-The present value of the interest is
A) $344,820.
B) $349,560.
C) $372,600.
D) $376,830.
Correct Answer:
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